765.8500 -11.10 (-1.43%)
NSE May 02, 2025 15:31 PM
Volume: 50,409
 

765.85
-1.43%
Phillip Capital
JKLC’s operating performance was better than expected driven by better realisations. Exit from capex mode also visible and all capacities likely to be on stream by end of H1FY18. Given that realisation improvement sustains, possibilities of upgrades cannot be ruled out.At the price target, the stock will trade at a valuation of ~US$ 90/tonne. Fundamentals appear strong and if cement prices sustain, potential for recovery in earnings upgrade exists.
JK Lakshmi Cement Ltd. is trading below its 30 day SMA of 790.2
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