The June 2024 quarters financial performance and post earnings commentary of mid-sized cement firm JK Cement have reinforced analysts optimism about the companys ability to perform better than its peers.

JK Cement well placed given cost control, capacity expansion plan

National Aluminium, JK Cement among 5 stocks with short buildup - On Radar

JK Cement Ltd. key Products/Revenue Segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024.

Add JK Cement, target price Rs 4818: ICICI Securities

Citi maintains buy on GAIL, raising target to Rs 250 (from Rs 230) on higher gas business valuation and 5% CAGR in volume FY24-27. Also, buy on Exide with TP up to Rs 630 (from Rs 560), expecting stronger demand and improved margins from better product mix.

Hot Stocks: Brokerage view on Bajaj Finance, GAIL, Exide, JK Cement, Supreme Industries and Federal Bank

Given the expected robust cash flows from ready-to-move-in inventory in 360W and new launches expected in FY25 along with new BD, the brokerage remains constructive on Oberoi Realty and maintain Buy.

Oberoi Realty, JK Cement, Can Fin Homes, Route Mobile Q1 Results Review: HDFC Securities

JK Cement rallied 3.91% to Rs 4,438.45 after the cement maker’s consolidated net profit surged 65.57% to Rs 185.31 crore in Q1 FY25 as compared to Rs 111.92 crore recorded in Q1 FY24.

JK Cement gains as Q1 PAT climbs 66% YoY to Rs 185 cr

Profit booking causes dip in equity indices after rally. IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Mahindra Bank, and JSW Steel in focus. RIL’s profit down 5%. Major updates from YES Bank, Vedanta, JK Cement, HDFC Life, Patanjali Foods, Zaggle Prepaid, Jubilant Pharmova, EMS JV. Kotak Mahindra Bank posts Rs 6,250 crore profit.

Stocks in news: IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, JSW Steel

JK Cement Ltd on Saturday reported a 67 per cent increase in its consolidated net profit to Rs 184.82 crore for the first quarter ended June 2024.

JK Cement Q1 result: PAT surges 67% to Rs 184.82 cr, revenue edges 1.62%

JK Cement Ltd’s Q1 FY25 net profit rose 67% to Rs 184.82 crore from Rs 110.73 crore a year ago. Revenue from operations climbed 1.62% to Rs 2,807.57 crore, while total income hit Rs 2,852.31 crore. Total expenses held steady at Rs 2,579.14 crore in the June 2024 quarter.

JK Cement Q1 Results: Net profit surges 67% YoY to Rs 184.82 cr

JK Cement Ltd reports 67% rise in Q1 net profit to ₹184.82 crore, revenue up 1.62%.

JK Cement Q1 net profit surges 67% to ₹184.82 crore

Other notable companies Poonawalla Fincorp, Can Fin Homes, Zenith Healthcare and more will also declare their first-quarter earnings on Saturday.

Q1 Results Today: HDFC Bank, JK Cement Among 30+ Firms To Declare Earnings

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

J.K. Cement Limited is engaged in manufacturing cement and cement products. Its product portfolio includes grey cement, white cement and wall putty.

J K Cement Ltd