Volumes impacted by trucker's strike in East region JKLC reported Q2FY22 revenue growth of 7%YoY supported by realisation growth of 10%YoY. Volumes de-grew by 2.9%YoY due to strike by trucker's association in East. Value added products including RMC revenue was at Rs.92cr (Vs. Rs.78cr QoQ / Rs.70cr YoY) and the company is targeting Rs.500cr from this segment. Management expects 8-9% volume growth in FY23. GoI's strong focus on infra & housing will support demand. We expect revenue to grow by 11%CAGR over FY21-23E. Price hike to mitigate cost pressure and recoup margins...