Page 3 - Jk Cement

JK Cement zooms 111% in 6 months on strong operational performance

The management's efforts to improve cost efficiencies through newly added capacities (4.2 MT) are expected to drive profitability

Cement stocks in demand; Dalmia Bharat, JK Cement, Ramco Cement at new high

The government's thrust on infrastructure spending and affordable housing bodes well for cement demand, Motilal Oswal Securities said in a note

JK Cement third quarter net profit soars 74.8% to Rs 217 crore

The firm reported the jump in profit for the third quarter ended December 2020

Cement shares extend gain on strong outlook; JK Cement surges 9%

In the past one week, most of the frontline cement stocks have outperformed the market and risen more than 4 per cent, as compared to 1.2 per cent rise in the S&P BSE Sensex

JK Cement's Q2 net profit jumps almost 3-fold to Rs 221.55 crore

JK Cement Ltd on Monday reported almost three-fold jump in consolidated net profit at Rs 221.55 crore for the second quarter ended September 2020. The company had posted a net profit of Rs 79.50 crore in July-September period a year ago, JK Cement said in a regulatory filing. Its revenue from operations rose 24.04 per cent to Rs 1,634.39 crore during the quarter under review from Rs 1,317.63 crore in the year-ago period. Total expenses rose 11.53 per cent to Rs 1,338.93 crore from Rs 1,200.41 crore in the year-ago quarter. "With gradual resumption of overall economic activities, operations of the Group have started moving towards normalcy," JK Cement said, adding that the situation is still evolving. Shares of JK Cement on Monday settled 1.62 per cent higher at Rs 1,906.20 on the BSE.

JK Cement looks to improve H2 growth numbers on higher demand, capacity

JK Cement is expecting to further improve its growth numbers in the second half of this current fiscal, riding on enhanced production capacity and resurgence in demand, a top company official said.

Demand recovery hope, price hikes brighten outlook of cement players

UltraTech, Shree Cement, JK Cement, and Ambuja Cements among analyst picks

JK Cement rallies 6% as Gujarat unit commences commercial dispatches

Going ahead, JK Cement plans to increase grey cement capacity through a Greenfield plant at Panna, MP, where it has limestone mines

JK Cement Q1 net profit down 62.25% to Rs 50 cr due to Covid-19 lockdown

The company had posted a net profit of Rs 132.30 crore in April-June period a year ago, JK Cement said in a regulatory filing

Nifty view and stock picks by HDFC Securities: Buy JK Cement, Dixon Tech

The stock of JK Cement has given bullish "Flag" pattern breakout on the daily charts

Covid-19 impact: Cement companies resume ops with minimal production

UltraTech Cement, as well as other companies like Dalmia Bharat Cement, Heidelberg Cement India and others, said that partial operations at some of the companies' plants have resumed

Covid-19's impact on demand, supply to undermine cement manufacturers

Cement demand is expected to contract by 10-15 per cent in FY21 in base case scenario, and up to 25 per cent if the situation worsens

Nifty view & top trading ideas by CapitalVia: Buy ACC, JK Cement

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

J K Cement Dec quarter profit rises more than two-folds to Rs 137 cr

Total income was Rs 1,427.84 crore during the three-month period as against Rs 1,284.98 crore in the same period of previous fiscal

A brand of many firsts, the JK Group trying to live up to its legacy

The British-era company, which started as textiles business, has diversified significantly into other businesses to become the conglomerate it is today

JK Cement climbs 4%, hits fresh record high; stock up 68% so far in CY19

The expansions and pick-up in demand, besides the anticipated better pricing situation in the northern markets, would improve the company's performance, analysts say.

UltraTech, Ramco Cements: Analysts see significant upside in cement stocks

Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.

JK Cement reports 55% rise in net profit to Rs 150 crore for Q4

The company had posted a net profit of Rs 96 crore in the same quarter previous fiscal

JK Cement records Rs 650-million profit in Q2; revenue slips slightly

Total expenses stood at Rs 10.3 billion

JK Cement Q1 PAT declines 38% to Rs 493 mn on lower revenue

The total expenses dropped to Rs 10.67 billion, from Rs 11.23 billion in the year-ago period