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14 Apr 2025 |
JK Cement
|
Consensus Share Price Target
|
4957.45 |
5069.13 |
- |
2.25 |
buy
|
|
|
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18 Feb 2025
|
JK Cement
|
Geojit BNP Paribas
|
4957.45
|
4100.00
|
4517.45
(9.74%)
|
17.30 |
Sell
|
|
|
|
|
28 Jan 2025
|
JK Cement
|
Anand Rathi
|
4957.45
|
5841.00
|
4831.20
(2.61%)
|
17.82 |
Buy
|
|
|
Amid a weak demand-pricing environment, JK Cement’s presence in north and central India, along with lower fuel cost aided Q3 figures. While ongoing expansions are on track, the JV with Saifco Cement would help to diversify its presence.
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28 Jan 2025
|
JK Cement
|
Axis Direct
|
4957.45
|
5380.00
|
4831.20
(2.61%)
|
8.52 |
Buy
|
|
|
We maintain our BUY recommendation on the stock
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|
27 Jan 2025
|
JK Cement
|
Motilal Oswal
|
4957.45
|
5630.00
|
4786.30
(3.58%)
|
13.57 |
Buy
|
|
|
JK Cement (JKCE)’s 3QFY25 result was above our estimates, led by 1) higher other operating income (impact of INR20-30/t), and 2) a higher volume of white cement.
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|
30 Oct 2024
|
JK Cement
|
BOB Capital Markets Ltd.
|
4957.45
|
4190.00
|
4335.70
(14.34%)
|
Target met |
Hold
|
|
|
Grey cement volumes at 3.8mt (excluding clinker volumes) fell by ~3% YoY (-12% QoQ) owing to weak demand impacted by seasonality
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30 Oct 2024
|
JK Cement
|
Axis Direct
|
4957.45
|
4815.00
|
4335.70
(14.34%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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|
30 Oct 2024
|
JK Cement
|
ICICI Direct
|
4957.45
|
5060.00
|
4335.70
(14.34%)
|
Target met |
Buy
|
|
|
|
|
29 Oct 2024
|
JK Cement
|
Motilal Oswal
|
4957.45
|
5000.00
|
4350.45
(13.95%)
|
Target met |
Buy
|
|
|
JK Cement (JKCE)’s 2QFY25 consolidated EBITDA was at INR2.8b (down 39% YoY) and ~22% below our estimates due to lower-than-estimated sales volume.
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|
20 Sep 2024
|
JK Cement
|
Motilal Oswal
|
4957.45
|
5600.00
|
4632.70
(7.01%)
|
12.96 |
Buy
|
|
|
JK Cement (JKCE) has been strategically expanding capacity using a balanced approach of improving the regional mix, lowering capex, and ensuring an adequate spread of integrated and grinding units.
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|
23 Jul 2024
|
JK Cement
|
Axis Direct
|
4957.45
|
4920.00
|
4480.40
(10.65%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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|
22 Jul 2024
|
JK Cement
|
Motilal Oswal
|
4957.45
|
5150.00
|
4471.95
(10.86%)
|
3.88 |
Buy
|
|
|
JK Cement (JKCE)’s consol. EBITDA grew 19% YoY to INR4.9b (est. INR4.7b), and EBITDA/t increased 14% YoY to INR1,003 (est. INR949) in 1QFY25.
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|
22 May 2024
|
JK Cement
|
BOB Capital Markets Ltd.
|
4957.45
|
4538.00
|
3967.15
(24.96%)
|
Target met |
Buy
|
|
|
Q4 revenue grew 10% YoY to Rs 29.4bn as grey cement volumes gained 13% YoY/QoQ; realisation resilient YoY with 1% drop
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|
15 May 2024
|
JK Cement
|
ICICI Securities Limited
|
4957.45
|
4620.00
|
3889.85
(27.45%)
|
Target met |
Buy
|
|
|
JK Cement’s (JKCE) Q4FY24 EBITDA (of INR 5.48bn, up 51% YoY but down 10% QoQ) stood broadly in line with estimates as sustained drop in variable cost helped offset the operating leverage disappointment (of fixed cost being flat QoQ).
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15 May 2024
|
JK Cement
|
Axis Direct
|
4957.45
|
4340.00
|
3889.85
(27.45%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and revise our estimates, taking into consideration lower cement prices.
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|
15 May 2024
|
JK Cement
|
Motilal Oswal
|
4957.45
|
5300.00
|
3889.85
(27.45%)
|
6.91 |
Buy
|
|
|
JK Cement (JKCE) consol. EBITDA grew 60% YoY to INR5.6b (est. INR6.1b) and EBITDA/t increased 44% to INR1,077 (est. INR1,133) in 4QFY24.
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29 Jan 2024
|
JK Cement
|
BP Wealth
|
4957.45
|
|
4306.20
(15.12%)
|
|
Results Update
|
|
|
|
|
29 Jan 2024
|
JK Cement
|
ICICI Direct
|
4957.45
|
5175.00
|
4306.20
(15.12%)
|
|
Buy
|
|
|
|
|
25 Jan 2024
|
JK Cement
|
BOB Capital Markets Ltd.
|
4957.45
|
4121.00
|
4167.45
(18.96%)
|
Target met |
Hold
|
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POWERIND: In-line quarter but valuations overdone; cut to SELL. FY25 Budget Preview: Focus to remain on consolidation. KMB: NIM intact QoQ; higher provisions dull profits. AXSB: Profits subdued despite strong business growth. HAVL: Slow quarter but summer could bring cheer; maintain BUY. KEII: Decent quarter; maintain HOLD. JKCE: Healthy performance but priced in. GLS: Strong margins make up for subdued revenue growth
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24 Jan 2024
|
JK Cement
|
Axis Direct
|
4957.45
|
4400.00
|
4138.00
(19.80%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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|
20 Nov 2023
|
JK Cement
|
Axis Direct
|
4957.45
|
3860.00
|
3502.25
(41.55%)
|
Target met |
Buy
|
|
|
We recommend a Buy the stock for a target price of Rs 3860 implying an upside of 10% from CMP.
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