ICICI Securities is bullish on JK Cement recommended buy rating on the stock with a target price of Rs 4138 in its research report dated November 08, 2023.

Buy JK Cement; target of Rs 4138: ICICI Securities

Results Review for Infoedge, HPCL, JK Cement, Devyani, Radico Khaitan

JK Cements reported results largely in line with estimates. It has achieved 75% utilisation at new plants within 9 months and commissioned 22MW WHRS plant. Coal cost expected to reduce to ₹2/kcal in Q2-FY24. We maintain TP of ₹3,164 and Reduce rating on account of fair valuations.

Broker’s call: JK Cement (Reduce)

ICICI Securities is bullish on JK Cement recommended buy rating on the stock with a target price of Rs 3856 in its research report dated August 17, 2023.

Buy JK Cement; target of Rs 3856: ICICI Securities

HDFC Securities recommended reduce rating on JK Cement with a target price of Rs 2755 in its research report dated August 16, 2023.

Reduce JK Cement; target of Rs 2755: HDFC Securities

Motilal Oswal is bullish on J K Cement recommended buy rating on the stock with a target price of Rs 3600 in its research report dated August 16, 2023.

Buy J K Cement; target of Rs 3600: Motilal Oswal

Results Review for JK Cement, Vinati Organics, KNR Constructions, Ahluwalia Cont

Adani Ports, REC Ltd and Birlasoft see a bullish setup, while ITC, JK Cement and Glenmark see a short build-up

F&O Manual |Nifty tests 19,350, Bank Nifty rebounds after 5-day losing streak

In this episode of Market Minutes, Sucheta Anchaliya talks about all the important factors to watch today, from Nykaa, Glenmark Pharma, Patanjali and JK cement Q1 results to global market setup. Also, catch Arun Kumar Mantri Founder of Mantri Finmart in Voice of the Day segment. Market Minutes is a …

Nykaa, JK cement, Pantanjali, RVNL and Glenmark Pharma Q1 results & more | Market Minutes

JK Cement’s total expenses were at Rs 2,598.63 crore, up 27.58 per cent in the first quarter of FY 2023-24. The total income of JK Cement in the June quarter was Rs 2,794.22 crore, up 22.16 per cent over the year ago period.

JK Cement Q1 Results: Profit drops 29% YoY to Rs 113.46 cr

The company had posted a net profit of Rs 160.79 crore in the April-June period a year ago, JK Cement said in a regulatory filing.

JK Cement Q1 profit down 29.4% to Rs 113.46 crore

Price return has been average, nothing exciting

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