6859.5000 -2.50 (-0.04%)
NSE Sep 22, 2025 15:31 PM
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JK Cement Ltd.
17 May 2017
6859.50
-0.04%
Reliance Securities
J.K. Cement (JKC) continued to report a healthy and better-than-estimated operating performance in 4QFY17. Its EBITDA came in at Rs1.81bn (+6% YoY and +22% QoQ) topping our expectation of Rs1.73bn. While operating cost/tonne was a tad higher than our estimate, a better-than-estimated improvement in average NCR of grey cement (+9% YoY and +4% QoQ to Rs3,720/tonne) enabled JKC to report better operating performance. Grey cement EBITDA grew by ~39% YoY to Rs1.25bn. Blended EBITDA/tonne stood at Rs843 vs. Rs789 and Rs768 in 4QFY16 and 3QFY17, respectively. Grey cement EBITDA/tonne improved impressively to Rs670 vs. Rs472 in the year-ago quarter....
JK Cement Ltd. is trading above its 200 day SMA of 5464.6
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