Jk Cement

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%

While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts

The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.

JK Cement Q2 results: PAT falls 22.5% to Rs 136 cr, revenue at Rs 2,560 cr

JK Cement Ltd on Saturday reported a 22.52 per cent decline in its consolidated net profit to Rs 136.15 crore for the second quarter ended September 2024. The company had posted a profit of Rs 175.73 crore a year ago, according to a regulatory filing from JK Cement. Its revenue from operations slipped 7 per cent to Rs 2,560.12 crore during the quarter under review. It was Rs 2,752.77 crore in the corresponding period of the previous fiscal. JK Cement's total expenses rose marginally to Rs 2,545.25 crore in the September quarter. The total income of JK Cement, which includes other income, declined 6.62 per cent to Rs 2,597.90 crore in Q2 FY25. JK Cement has an installed Grey Cement capacity of 24 MTPA. It is one of the leading manufacturers of white cement, globally, with a total white cement capacity of 1.20 MTPA and wall putty capacity of 1.2MTPA.

Stocks to Watch, October 25: JSW Steel, NTPC, ICICI Bk, BoB, Axis Bank, IEX

At 7:28 AM, GIFT Nifty indicated a flat opening as it was trading about 3.5 points lower at 24448.50 levels, as against Nifty Futures last close of 24,452.

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

LIC Housing, Marico among 4 stocks with short buildup; key levels to track

LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.

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

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. The company had posted a profit of Rs 110.73 crore in the year-ago period, according to a regulatory filing from JK Cement. Its revenue from operations edged up 1.62 per cent at Rs 2,807.57 crore during the quarter under review. It was Rs 2,762.63 crore a year ago. JK Cement's total expenses stood flat at Rs 2,579.14 crore in the June quarter. The total income of JK Cement was Rs 2,852.31 crore, up 2.07 per cent, in Q1 FY25.

JK Cement, JSW Steel, Polycab among 10 stocks to go ex-dividend on Tuesday

These 10 companies had fixed July 09 as the record date for a dividend payout of up to Rs 30 per share.

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?

Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies

Hindustan Zinc, JK Cement, others qualify as bidders for gold mines in Raj

Vedanta group firm Hindustan Zinc, Jindal Power and JK Cement are among the few companies that have emerged as technically qualified bidders for two gold mines put up for sale in Rajasthan. Ramgad Minerals and Mining Ltd, Hirakund Natural Resources Ltd, Jindal Power, Hindustan Zinc and Saiyyed Owais Ali have emerged as technically qualified bidders for Bhukia-Jagpura gold block in the desert state. In the case of Kankriya Gara gold block, the technically qualified bidders are Hirakund Natural Resources, Poddar Diamond, Owais Metal and Minerals Processing, Hindustan Zinc and JK Cement, according to the website of Department of Mines and Geology (DMG) of the Rajasthan government. The auction process started in March this year. According to the website, the auction of both the gold blocks will be held this week. The full-scale production of the country's first large private gold mine in Andhra Pradesh will begin by the end of 2024, Deccan Gold Mines Managing Director Hanuma Prasad ha

Stocks to watch on May 13: TaMo, ICICI Bank, BEML, JK Cement

BEML's Q4 earnings showcased strong growth, with net profit soaring 62.8 per cent year-on-year (YoY) to Rs 256.8 crore.

Result preview: Analysts note 'unusual' quarter for cement sector

Expect healthy year-on-year growth in margins in Q4, but sequential decline

Broader mkt weakness, slow capex to halt rally in cement shares: Analysts

Shares of JK Cement, Dalmia Bharat, Ambuja Cement, and ACC, for instance, have lost in the range of 5 per cent to 8 per cent during the period, ACE Equity data shows

JK Cement Q3 net profit rises multi-fold to Rs 283.81 cr, revenue up 20%

JK Cement Ltd on Saturday posted a sevenfold increase in consolidated net profit to Rs 283.81 crore for the December quarter. The company had posted a profit of Rs 37.15 crore in the year-ago period, JK Cement said in a regulatory filing. Its revenue from operations rose 20.47 per cent to Rs 2,934.83 crore during the quarter under review from Rs 2,436.09 crore a year ago, it said. JK Cement's total expenses rose 7.5 per cent in the third quarter of the ongoing fiscal to Rs 2,564.29 crore. The company's total income was at Rs 2,973.28 crore, up 21.12 per cent.

Margin gains to support cement companies amid slowing demand in Q3

Most cement majors are pushing capex in anticipation of long-term demand

JK Cement Q2 results: Profit up 62% to Rs 178 cr, revenue rises 23%

JK Cement Ltd (JKCL) on Saturday reported 62.18 per cent rise in consolidated profit to Rs 178.47 crore for the second quarter ended September 2023. It logged a net profit of Rs 110.04 crore in the July-September period a year ago, according to a regulatory filing by JKCL. Revenue from operation was up 23.23 per cent to Rs 2,752.77 crore during the quarter as against Rs 2,233.84 crore a year ago. Total expense in the September quarter was up 21.08 per cent at Rs 2,537.89 crore. Total income was Rs 2,782.10 crore, up 23.66 per cent year-on-year.

JK Cement profit declines 29.4% to Rs 113.46 crore in June quarter

JK Cement Ltd on Saturday reported a 29.43 per cent decline in its consolidated net profit to Rs 113.46 crore for the first quarter that ended on June 30, 2023. 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. Its revenue from operations was up 21.57 per cent to Rs 2,762.62 crore during the quarter under review as against Rs 2,272.38 crore in the year-ago period. 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.

Stocks to Watch today, June 6: Adani Group, SBI, Maruti, HUL, Sejal Glass

Top Stocks to Watch on June 6, 2023: Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms

J K Cement accords in-principle approval to sign agreement with Toshali

The company will acquire management control and hold 100 per cent of the paid-up capital of Toshali

Cement stocks riding high on hopes of higher demand, capex push

Price wars led by increasing capacities and aggressive competition may mar prospects