|
15 Jul 2025 |
JK Lakshmi Cement
|
Consensus Share Price Target
|
980.00 |
931.63 |
- |
-4.94 |
buy
|
|
|
|
|
14 Feb 2024
|
JK Lakshmi Cement
|
Axis Direct
|
980.00
|
1000.00
|
913.15
(7.32%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
14 Feb 2024
|
JK Lakshmi Cement
|
SBI Securities
|
980.00
|
1090.00
|
886.05
(10.60%)
|
|
Buy
|
|
|
JK Lakshmi Cement (JKLC) reported in-line consolidated sales of Rs 1,703 cr, growth of 9.0% YoY. The total consolidated sales volume grew 7.6% YoY to 2.9 mn tonnes.
|
|
20 Dec 2023
|
JK Lakshmi Cement
|
Axis Direct
|
980.00
|
1000.00
|
839.90
(16.68%)
|
|
Buy
|
|
|
We roll over our estimates to FY26 and value the company at 8.5x FY26E EV/EBITDA to arrive at the TP of Rs 1,000/share, implying an upside potential of 16% from the current levels.
|
|
07 Nov 2023
|
JK Lakshmi Cement
|
BOB Capital Markets Ltd.
|
980.00
|
551.00
|
773.60
(26.68%)
|
|
Sell
|
|
|
Q2 topline grew 12% YoY led by ~10% volume growth; realisation flat due to price hikes in eastern region
|
|
07 Nov 2023
|
JK Lakshmi Cement
|
Axis Direct
|
980.00
|
880.00
|
773.60
(26.68%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock with lower TP as we trim our estimates for FY24/FY25 downward owing to subdued operating performance.
|
|
06 Nov 2023
|
JK Lakshmi Cement
|
Motilal Oswal
|
980.00
|
930.00
|
794.25
(23.39%)
|
Target met |
Buy
|
|
|
|
|
09 Oct 2023
|
JK Lakshmi Cement
|
ICICI Direct
|
980.00
|
840.00
|
668.85
(46.52%)
|
Target met |
Buy
|
|
|
|
|
07 Oct 2023
|
JK Lakshmi Cement
|
Axis Direct
|
980.00
|
745.00
|
675.30
(45.12%)
|
Target met |
Buy
|
|
|
We recommend a Buy the stock for a target price of Rs 745/ implying an upside of 10% from CMP
|
|
08 Sep 2023
|
JK Lakshmi Cement
|
BOB Capital Markets Ltd.
|
980.00
|
551.00
|
679.35
(44.26%)
|
|
Sell
|
|
|
Borrowing limit raised to Rs 70bn at AGM but resolution to hike inter-corporate transaction limit 4x to Rs 100bn rejected
|
|
01 Aug 2023
|
JK Lakshmi Cement
|
BOB Capital Markets Ltd.
|
980.00
|
551.00
|
622.25
(57.49%)
|
|
Sell
|
|
|
Tepid volume growth of 5% YoY with little support from realisations kept Q1 revenue growth muted
|