Is JK Lakshmi Cement good stock?

Is JK Lakshmi Cement good stock?

JK Lakshmi Cement Ltd. has an average target of 714.00. The consensus estimate represents an upside of 21.10% from the last price of 589.60. Reco – This broker has downgraded this stock from it’s previous report.

Why did JK Lakshmi fall?

JK Lakshmi Cement’s Q1-FY22 earnings disappointed, with EBITDA declining 19 per cent q-o-q to ₹220 crore (Centrum Estimate: ₹230 crore) on account of 8 per cent volume decline and flat realisations. JKLC’s volume gains will be capped due to capacity constraints and restrict growth in FY23, leading to market share loss.

Is JK Cement and JK Lakshmi Cement same?

The Kanpur family runs JK Cement Ltd and JK Technosoft, which provides technology solutions to organizations, while the Delhi family runs JK Tyre, JK Paper, JK Lakshmi Cement, JK Fenner India Ltd, Umang Dairies Ltd, JK Seeds, Global Strategic Technologies (a military solutions and equipment division), JK Risk Managers …

Who is the owner of JK Paper Mill?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of JK Paper Ltd….PREMARKET.

A S Mehta President & Director
Arun Bharat Ram Director
Bharat Hari Singhania Chairman
Deepa Gopalan Wadhwa Director

Who is the CEO of JK Tyre?

Raghupati Singhania
Raghupati Singhania is the Chairman & Managing Director of JK Tyre & Industries Ltd. – Pioneers of Radial technology in India and leaders in the Indian Tyre Industry, and the manufacturers of the well known “JK Tyre”, “Vikrant” and “Tornel” brand of Tyres.

Is JK Tyre is Indian company?

JK Tyre & Industries Ltd is one of the leading automotive tyre manufacturers in India. Pioneers of radial technology the Company produced the first radial tyre in 1977 and is currently the market leader in Truck Bus Radial segment.

How is JK Paper made?

In chemical pulping, the wood chips are cooked in a digester with chemicals. Cooking removes lignin, breaking up the wood into cellulose fibres. The process results in a slurry in which fibres are loose but intact and have maintained their strength.

Which cement stock is best in India?

Summary Table of the Best Cement Stocks to buy now in India

Sr.No Company Name BSE Scrip Code
1 Ultra Tech 532538
2 Shree Cements 500387
3 Ambuja 500425
4 ACC 500410

How is the Lakshmi Cement Company Limited?

JK Lakshmi Cement Limited is a part of the prestigious JK Organisation. This eminent industrial house is over a hundred and twenty five years old and boasts operations in India and abroad with a leadership presence in the fields of tyre, cement, paper, power transmissions and sealing solutions, dairy products and textiles.

How much is the dividend yield of JK Lakshmi Cement?

For the year ending March 2019 JK Lakshmi Cement has declared an equity dividend of 15.00% amounting to Rs 0.75 per share. At the current share price of Rs 282.35 this results in a dividend yield of 0.27%.

Why JK Lakshmi’SmartServ’cement?

Keeping in mind customers’ demands and issues masons faced during concrete mixing, the research team of JK Lakshmi Cement has brought a revolutionary solution Brahmastra 4×4. JK Lakshmi Cement brings you JK Lakshmi ‘SmartServ’ Cement for its consumers. It’s a unique concept that promises to fulfill new age construction needs.

What is JK Laxmi Cement 53?

JK Lakshmi Cement comes in three variants: Cement 53 Blended, 53 Grade O.P.C and 43 Grade O.P.C. A few applications of JK Lakshmi Cement 53 (blended) are: plastering, underground structures, dams, heavy machinery foundations, marine structures and hydropower stations.