JK Cement Ltd. News and Updates

Name: Latest research reports of JK Cement Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: JK Cement Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on JK Cement Ltd. from all sources in a single place.

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JK Cement Ltd.

07 Feb 2023

5100.00

2.88%

Sticky input costs dented operating profits

Buy: JK Cement Ltd.

Target

ICICI Securities Limited

JK Cement’s (JKCE) Q3FY23 EBITDA at Rs2.6bn (down 29% YoY) was below our / consensus estimates. Blended realisation dipped ~1% (YoY and QoQ), while total cost/te rose 9% YoY (2% QoQ). This led to decline in blended EBITDA/te by 40% YoY (18% QoQ) to Rs669/te (I-Sec: Rs896/te).

JK Cement Ltd. is trading above all available SMAs

JK Cement Ltd.

26 Dec 2022

5100.00

2.88%

Company Update:J K Cements

Buy: JK Cement Ltd.

Axis Direct

We maintain our BUY rating on the stock and value it at 13x FY24E EV/EBITDA to arrive at a target price of Rs 3,350/share (unchanged), implying an upside of 14% from the current levels.

JK Cement Ltd. has gained 19.40% in the last 1 Month

JK Cement Ltd.

15 Nov 2022, 12:00AM

5100.00

2.88%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

The stock is currently trading at 17x/12x FY23E/FY24EEV/EBITDA. We value JKCL at 13x FY24E EV/EBITDA to arrive at a TP of Rs 3,350/share (Rs 3,020/share earlier), implying an upside of 14% from the CMP and maintaining our BUY rating on the stock.

Number of FII/FPI investors decreased from 249 to 242 in Dec 2024 qtr

JK Cement Ltd.

15 Nov 2022, 12:00AM

5100.00

2.88%

JK Cement

Buy: JK Cement Ltd.

Recommendation Target

ICICI Direct

Number of FII/FPI investors decreased from 249 to 242 in Dec 2024 qtr

JK Cement Ltd.

14 Nov 2022, 12:00AM

5100.00

2.88%

White cement aids in better-than-peer performance

Buy: JK Cement Ltd.

Target

Motilal Oswal

JK Cement Ltd. has an average target of 4974.43 from 7 brokers.

JK Cement Ltd.

14 Nov 2022, 12:00AM

5100.00

2.88%

Margins surprise; market share gains may sustain

Buy: JK Cement Ltd.

Target

ICICI Securities Limited

JK Cement’s (JKCE) Q2FY23 EBITDA at Rs3bn (down 16% YoY) was above our / consensus estimates of Rs2.5bn led by lower costs and better volumes.

JK Cement Ltd. is trading above all available SMAs

JK Cement Ltd.

31 Oct 2022

5100.00

2.88%

Growth plans and cost savings to drive earnings

Buy: JK Cement Ltd.

Recommendation Target

Motilal Oswal

JK Cement Ltd. is trading above all available SMAs

JK Cement Ltd.

22 Oct 2022

5100.00

2.88%

Pick of the Week:22 OCT 2022

Buy: JK Cement Ltd.

Target

Axis Direct

We recommend a Buy the stock for a target price of Rs 2920/ implying an upside of 10% from CMP

JK Cement Ltd. has an average target of 4974.43 from 7 brokers.

JK Cement Ltd.

23 Aug 2022

5100.00

2.88%

Axis Annual Analysis:J K Cements

Buy: JK Cement Ltd.

Axis Direct

We value JKCL at 13x FY24E EV/EBITDA and assign a BUY rating to the company with a TP of Rs 3,020/share, implying an upside potential of 13% from the CMP

JK Cement Ltd. has gained 19.40% in the last 1 Month

JK Cement Ltd.

17 Aug 2022

5100.00

2.88%

Result Update:J K Cements

Buy: JK Cement Ltd.

Target

Axis Direct

We value JKCL at 13x FY24E EV/EBITDA to arrive at a TP of Rs 3,020 (Rs 2800 earlier) implying an upside of 14% from the CMP and maintaining our BUY rating on the stock.

Number of FII/FPI investors decreased from 249 to 242 in Dec 2024 qtr

Is JK Cement Ltd. worth buying?

93 Votes:

Buy 70.97%

Sell 18.28%

Hold 10.75%

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