JK Lakshmi Cement Ltd Share Price (JKLAKSHMI)

JK Lakshmi Cement and Shree Cement Eyeing Offshore Mining Foray - 02 Apr, 2024

Cement companies, including JK Lakshmi Cement and Shree Cement, are exploring offshore mineral blocks to secure lime mud deposits, a key raw material for cement production.

JK Lakshmi Cement's Subsidiary Doubles Production Capacity - 28 Mar, 2024

Udaipur Cement Works, a subsidiary of JK Lakshmi Cement, has doubled its production capacity to 4.7 million tonnes per annum with the inauguration of its Cement Mill IV at the Dabok Plant in Udaipur, Rajasthan.

JK Lakshmi Cement Expands Capacity & Market Presence; Analysts Bullish - 11 Mar, 2024

JK Lakshmi Cement is expanding its grinding capacity and broadening its market presence through acquisitions and expansions. Analysts are bullish on the stock, with Motilal Oswal reiterating a buy call and estimating a CAGR of around 20% over FY23-26.

JK Lakshmi Cement's Strained Balance Sheet Raises Concerns - 09 Mar, 2024

JK Lakshmi Cement's latest balance sheet data shows liabilities outweighing the sum of its cash and receivables by ₹29.6b, indicating a somewhat risky investment due to debt. However, with net debt of just 1.3 times EBITDA and interest cover of 7.1 times, it is not a reckless borrower.

JK Lakshmi Cement Stock Breaks Out of Consolidation - 06 Mar, 2024

The stock price of JK Lakshmi Cement Ltd has broken out from its consolidation phase with a jump in volumes. The primary trend is bullish, and the 50 DEMA has been acting as a bullish reversal point for many weeks. Cement stocks have been outperforming for the last couple of months.

JK Lakshmi Cement Stock Breaks Out of Consolidation - 05 Mar, 2024

The stock price of JK Lakshmi Cement has broken out from a three-week consolidation period with high volumes. The 50-day exponential moving average has acted as a bullish reversal point for several weeks, and the primary trend is bullish on weekly charts. Cement stocks have been performing well in recent months.