6962.0000 -89.00 (-1.26%)
NSE Aug 11, 2025 15:31 PM
Volume: 166.0K
 

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JK Cement Ltd.
15 Aug 2021
6962.00
-1.26%
Motilal Oswal
J K Cement (JKCE) continues to gain market share, with volumes up 71% YoY in 1QFY22, led by a ~40% capacity expansion. We expect this to continue over the next 45 years as the company is now setting up a 4mtpa greenfield plant (commissioning by 1QFY24) in Central India. This plant should improve the regional mix for North and Central India to ~85%. We keep our estimates broadly unchanged and reiterate Buy on a 21% EPS CAGR over FY2123E, driven by a 12% volume CAGR. Higher grey cement realization drives 21% beat on EBITDA...
Axis Direct downgraded JK Cement Ltd. to Hold with a price target of 6530.0 on 22 Jul, 2025.
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