Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

A total of 26 listed cement stocks were trading higher on BSE by 1.45 pm. UltraTech Cement, Heidelberg and Nuvoco were some other cement stocks, which rose over 1 per cent post the Budget announcements.

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

Net Sales are expected to increase by 21.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 1,451 crore, according to Motilal Oswal.

JK Lakshmi Cement Q3 PAT may dip 8.3% YoY to Rs. 68.6 cr: Motilal Oswal

Buzzing stocks: KIMS, Texmaco, RITES, Welspun Enterprises, JK Lakshmi Cement,Adani Power, 63 moons, automobile stocks, Supreme Petrochem, Mishtann Foods, Family Care Hospitals, Kilitich Drugs

Stocks that will see action on January 2, 2023

Geojit recommended sell rating on JK Lakshmi Cement with a target price of Rs 710 in its research report dated December 29, 2022.

Sell JK Lakshmi Cement; target of Rs 710: Geojit

Buzzing stocks: Reliance, Wipro, Tata Steel, JK Lakshmi Cement, Sheela Foam, McLeod Russeel, Tata Power, Ashoka Buildcon, Kanoria Chem, Spandhna Spoorthy

Stocks that will see action on December 29, 2022

JK Lakshmi Cement has tied up with GreenLine, a pioneer in green and smart logistics in India, for the introduction of LNG-fuelled heavy trucks for transporting cement.

JK Lakshmi ties-up with GreenLine Logistics to roll out first LNG fleet

Axis Securities has suggested four stocks namely Tube Investments, JK Lakshmi Cement, Godrej Consumer Products (GCPL) and Larsen & Toubro (L&T) as its top technical weekly picks

Tube Investments, JK Lakshmi Cement, GCPL & L&T among Axis Securities’ top 4 technical picks

With today’s rally, the market price of JK Lakshmi Cement has zoomed 117 per cent from its 52-week low of Rs 368.65, touched on May 12, 2022.

JK Lakshmi Cement extends rally, up 27% in 9 days; stock nears record high

JK Lakshmi Cement, incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 9214.15 Crore) operating in Cement sector.

Buy JK Lakshmi Cement, target price Rs 825: Axis Securities

Analysts expect cement stocks to witness catch up activity after months of underperformance as many negatives seem to be priced-in

Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 mth

The stock was trading higher for the third straight day and has gained 6 per cent during this period.

JK Lakshmi Cement Ltd

JK Lakshmi Cement Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

JK Lakshmi Cement Q3 PAT may dip 8.3% YoY to Rs. 68.6 cr: Motilal Oswal

Stocks that will see action on January 2, 2023

Sell JK Lakshmi Cement; target of Rs 710: Geojit

Stocks that will see action on December 29, 2022

JK Lakshmi ties-up with GreenLine Logistics to roll out first LNG fleet

Tube Investments, JK Lakshmi Cement, GCPL & L&T among Axis Securities’ top 4 technical picks

JK Lakshmi Cement extends rally, up 27% in 9 days; stock nears record high

JK Lakshmi Cement Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Cement stocks JK Lakshmi Cement, India Cement, Birla Corp gain up to 6%. Here’s why

JK Lakshmi Cement Q3 PAT may dip 8.3% YoY to Rs. 68.6 cr: Motilal Oswal

Stocks that will see action on January 2, 2023

Sell JK Lakshmi Cement; target of Rs 710: Geojit

Stocks that will see action on December 29, 2022

JK Lakshmi ties-up with GreenLine Logistics to roll out first LNG fleet

Tube Investments, JK Lakshmi Cement, GCPL & L&T among Axis Securities’ top 4 technical picks

JK Lakshmi Cement extends rally, up 27% in 9 days; stock nears record high

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock