JK Lakshmi Cement Tumbles Over 7% As Q4 Net Falls

New Delhi: Shares of JK Lakshmi Cement today tumbled over 7 per cent after the company reported a 19.4 per cent decline in standalone net profit for the fourth quarter ended March 2017. The stock tanked 7 per cent to Rs 478.55 on the BSE after a weak opening. On the NSE, it dived 7.45 per cent to Rs 477.70. JK Lakshmi Cement yesterday reported a 19.4 per cent decline in standalone net profit at Rs 20.85 crore for the March quarter...