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    HomeNewsBusinessStocksBuy JK Cement; target of Rs 7638: Anand Rathi

    Buy JK Cement; target of Rs 7638: Anand Rathi

    Anand Rathi is bullish on JK Cement has recommended buy rating on the stock with a target price of Rs 7638 in its research report dated July 21, 2025.

    Broker Research
    July 22, 2025 / 12:58 IST
    Buy
       
       
      26 Aug, 2025 12:21
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      Anand Rathi's research report on JK Cement

      With 25.26m tonnes cement capacity now, JK Cement’s announced expansion would take it to 32m tonnes by FY26. Its long-term target of 50m tonnes by 2030 remains. The continuous cost efficiency focus with higher share of renewable energy (60% by FY26) would aid in Rs150- 200/tonne cost savings in coming years. Greater profitability with cost optimisation and volume growth would keep net debt in check.

      Outlook

      We retain our Buy rating, with a higher 12-mth TP of Rs7,678 (Rs6,342 earlier), 18.5x Sep’27e EV/EBITDA.

      For all recommendations report, click here

      Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      JK Cement - 22072025 - anand
      Broker Research
      first published: Jul 22, 2025 12:58 pm

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