6940.0000 -85.00 (-1.21%)
NSE Aug 13, 2025 15:31 PM
Volume: 41,347
 

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JK Cement Ltd.
13 Nov 2019, 10:43PM
6940.00
-1.21%
HDFC Securities
We estimate the co to deliver consolidated EBITDA/PAT CAGR of 22/35% during FY19-22E. We reiterate BUY with a higher TP of Rs 1,523 as we value its consol Sep'21E EBITDA at 10x and ascribe 50% value to its FY21/22E CWIP. The stock trades at attractive valuations of 9.0/8.4x FY21/22E EBIITDA and at EV of USD 100/MT. We reiterate BUY on JK Cement (JKCE) with a TP of Rs 1,523 (10x Sep21 consol EBITDA), implying EV USD 115/MT. We continue to like the co for its strengthening capability and strong presence in white/putty segment.
Number of FII/FPI investors increased from 260 to 345 in Jun 2025 qtr.
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