Net Sales are expected to increase by 16.7 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,264.9 crore, according to Motilal Oswal.
Net Sales are expected to increase by 37.4 percent Y-o-Y (up 15.4 percent Q-o-Q) to Rs. 2,030.6 crore, according to Motilal Oswal.
Anand Rathi is bullish on J K Cements has recommended buy rating on the stock with a target price of Rs 1534 in its research report dated June 21, 2020.
Cement company stocks are on an uptrend despite the Competition Commission of India (CCI) slapping a Rs 6000 crore penalty on them for forming a cartel.