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J K Cements Ltd Share Price (JKCEMENT)

₹4446.71.25%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of J K Cements Ltd

Key events for J K Cements Ltd

  • JK Cement Expansion Plans Boost Investor Confidence - 28 Feb, 2024

    JK Cement's strong execution capabilities and expansion plans have boosted investor confidence, leading to a buy call from Motilal Oswal with a target price of Rs 5050. The company is set to achieve double-digit volume growth in FY24 and has planned significant capex for expanding its capacities.

  • JK Cement's Capacity Expansion Plans Boost Stock - 27 Feb, 2024

    JK Cement is set to expand its clinker capacity by 10,000 tpd or 3 mtpa at Panna and associated grinding units in the Central region and Bihar. The company has demonstrated superior execution capabilities and achieved higher-than-industry volume growth. Motilal Oswal recommends a 'Buy' rating with a target price of Rs. 5050.

  • JK Cement Acquires Toshali Cements for Expansion - 22 Feb, 2024

    JK Cement has acquired Toshali Cements for a total cost of Rs 90 crore, including an integrated unit and grinding unit, with plans to expand their presence in eastern India. The board also approved modifying the acquisition terms to pay Rs 10.75 crore for 100% equity.

  • JK Cement Bids for Coal Mines in Latest Auction Round - 21 Feb, 2024

    JK Cement is one of the 27 companies that submitted bids for coal blocks put up for commercial mines auction. The company has bid for four mines, according to government statements.

  • JK Cement Aims for Volume Growth, Receives Buy Call from Axis Securities - 19 Feb, 2024

    JK Cement is targeting 8-10% volume growth in FY25 after completing the commissioning of its new cement grinding unit in Madhya Pradesh. The company aims to expand capacity to 30 million tonnes by March 2026. Axis Securities has issued a buy call on the stock with a target price of Rs 4400.

  • J K Cements Reports Strong Q3 Results and Increased FII Stake - 12 Feb, 2024

    J K Cements Ltd reported a 20% YoY increase in operational revenue and a 667% rise in net profit for Q3FY24. Foreign institutional investors increased their stake by 0.85%. The stock has gained returns of 35% in the last six months and 53% in the previous year.

  • J.K. Cement Subsidiaries Approve Merger and Expansion Plan - 06 Feb, 2024

    J.K. Cement's subsidiaries, JK Maxx Paints and Acro Paints, have approved a merger to simplify the corporate structure and access funding for expansion. The company also plans to increase its cement production capacity with a Rs 2850 crore project funded through borrowing and internal funds.

  • J K Cements Ltd's ROCE Remains Stable - 05 Feb, 2024

    J.K. Cement's Return on Capital Employed (ROCE) has remained stable at around 12% over the past five years, with a 95% increase in capital deployment. While unexciting, this stability can provide long-term rewards for shareholders.

  • JK Cement Reports Higher-Than-Estimated Operating Profit - 31 Jan, 2024

    JK Cement reported a consolidated operating profit of Rs 6.3 billion, beating estimates due to lower variable costs and higher white cement realization. The brokerage has a buy rating on the stock with a target price of Rs 4,700.

Analyst Rating for J K Cements Ltd stock

based on 21 analysts

BUY
71.43%
Buy
9.52%
Hold
19.05%
Sell

Based on 21 analysts offering long term price targets for J K Cements Ltd. An average target of ₹4292.33

Source: S&P Global Market Intelligence

J K Cements Ltd share Performance

  • ₹4396
    ₹4528.25
    ₹4446.7
    downward going graph

    1.14%

    Downside

    Day's Volatility:2.97%

    Upside

    1.83%

    downward going graph
  • ₹2708
    ₹4550
    ₹4446.7
    downward going graph

    39.10%

    Downside

    52 Weeks Volatility:41.42%

    Upside

    2.32%

    downward going graph
1 Month Return4.57 %
3 Month Return26.1 %
1 Year Return62.88 %
Previous Close₹4,503.00
Open₹4,510.05
Volume2.90L
Market Cap₹34,793.89Cr

J K Cements Ltd Company Information

J.K. Cement Limited is one of the leading manufacturers of cement in Northern India with a capacity of 14.7 million tonnes per annum. It is the second largest white cement producer in India with a capacity of 600,000 tonnes and also produces wall putty with an installed capacity of 700,000 tonnes. It ventured into international market with a greenfield dual process white cement-cum-grey cement plant in the free trade zone at Fujairah U.A.E. with a capacity of 0.6 million tonnes per annum for White Cement and the capability to produce up to 1 million tonnes per annum of Grey Cement. It has a captive power generation capacity of over 140.7 MWs and during the year 2007-08 it entered into an MoU with Fujairah Municipality to set up a 2.25 Mtpa grey cement plant. In 2014, J.K. Cement commissioned a 1.5 Mtpa grey cement capacity unit at Mangrol, Rajasthan with a 25 MW coal-based power plant and 10 MW Waste Heat Recovery power plant. During 2018-19 it commissioned wall putty unit at Katni, Madhya Pradesh, grey cement expansion of 4.2 million tonnes per annum at Mangrol, Rajasthan, 1 million tonnes cement grinding at Nimbahera, Rajasthan, two Split Grinding Units of 1.5 million tonnes at Aligarh, Uttar Pradesh and 0.7 million tonnes at Balasinor, Gujarat and a wall putty plant at Katni, Madhya Pradesh with 0.2 million tonnes installed capacity. In 202122 the Company completed upgradation work on line No. 3 at Nimbahera, set up a greenfield grey cement manufacturing unit at Panna MP with a split grinding unit at Hamirpur U.P and commissioned 0.7 MnTPA Grey Cement grinding capacity at J.K.Cement Works Balasinor, Gujarat 0.3 MnTPA wall putty plant at J.K. White Cement Katni, Madhya Pradesh, initiated wall putty tolled operations at two new locations one at Siliguri in West Bengal and other at Guntur in Andhra Pradesh.

Share Price: ₹4446.70 per share as on 28 Feb, 2024 04:01 PM
Market Capitalisation: ₹34,793.89Cr as of today
Revenue: ₹2,934.83Cr as on December 2023 (Q4 23)
Net Profit: ₹283.81Cr as on December 2023 (Q4 23)
Listing date: 14 Mar, 2006
Chairperson Name: Sushila Devi Singhania
OrganisationJ K Cements Ltd
HeadquartersKanpur
IndustryCement
E-voting on sharesClick here to vote

Fundamentals of J K Cements Ltd

Insights on J K Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.78K Cr → 2.97K Cr (in ₹), with an average increase of 6.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, JKCEMENT stock has moved up by 6.0%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 38.99 Cr → 283.82 Cr (in ₹), with an average increase of 35.1% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 14.38% to 15.24% in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Ambuja Cements Ltd has given 117.1% return, outperforming this stock by 47.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 76.4% return, outperforming this stock by 13.5%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 23.02% to 22.62% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.54% to 15.01% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 45.80% to 45.70% in Dec 2023 quarter

J K Cements Ltd Valuation

J K Cements Ltd in the last 5 years

  • Overview

  • Trends

Lowest (14.20x)

April 3, 2020

Today (50.51x)

February 27, 2024

Industry (65.96x)

February 27, 2024

Highest (70.47x)

September 5, 2023

LowHigh

J K Cements Ltd Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth2.59%
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth3.55%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth1.65%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth1.97%
Kotak Equity Opportunities Direct GrowthKotak Equity Opportunities Direct Growth2.03%

J K Cements Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
45.7%
-0.21
Foreign Institutions
15.24%
6.00
Mutual Funds
22.62%
-1.74
Retail Investors
15.01%
-3.41
Others
1.43%
12.96

Technicals of J K Cements Ltd share

News & Events of J K Cements Ltd

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J K Cements Ltd (JKCEMENT) share price today is ₹4446.7

J K Cements Ltd is listed on NSE

J K Cements Ltd is listed on BSE

  • Today’s highest price of J K Cements Ltd is ₹4528.25.
  • Today’s lowest price of J K Cements Ltd is ₹4396.

PE Ratio of J K Cements Ltd is 50.51

PE ratio = J K Cements Ltd Market price per share / J K Cements Ltd Earnings per share

Today’s traded volume of J K Cements Ltd(JKCEMENT) is 2.90L.

Today’s market capitalisation of J K Cements Ltd(JKCEMENT) is ₹34793.89Cr.

J K Cements Ltd(JKCEMENTPrice
52 Week High
₹4550
52 Week Low
₹2708

J K Cements Ltd(JKCEMENT) share price is ₹4446.7. It is down -2.27% from its 52 Week High price of ₹4550

J K Cements Ltd(JKCEMENT) share price is ₹4446.7. It is up 64.21% from its 52 Week Low price of ₹2708

J K Cements Ltd(JKCEMENTReturns
1 Day Returns
-56.3%
1 Month Returns
4.57%
3 Month Returns
26.1%
1 Year Returns
62.88%