Jk Cements

Weak demand environment and price cuts are areas of concern

Cement struggle: Falling prices, weak demand hit profitability; pickup likely in H2FY25

Cement prices fell across regions in July 2024, squeezing industry margins, with demand expected to recover only in the latter half of FY25.

Cement stocks abuzz as FM Sitharaman hints at GST review

According to foreign brokerage firm Jefferies, a GST cut from 28 percent to 18 percent would imply 7-8 percent cut in customer pricing

Buy JK Cements; target of Rs 884: Cholamandalam Securities

Cholamandalam Securities is bullish on JK Cements has recommended buy rating on the stock with a target price of Rs 884 in its research report dated November 13, 2018.

Buy JK Cements; target of Rs 901: Cholamandalam Securities

Cholamandalam Securities is bullish on JK Cements has recommended buy rating on the stock with a target price of Rs 901 in its research report dated August 02, 2018.

Prefer Heidelberg, Sanghi Industries from midcap cement pack

We feel the competitive pressure will continue to remain high in the northern and western regions. However, the companies with strong presence in east, central and south (specifically Andhra and Telangana) region will benefit from an improved demand environment in these geographies.

Buy JK Cements; target of Rs 1260: Cholamandalam Securities

Cholamandalam Securities is bullish on JK Cements has recommended buy rating on the stock with a target price of Rs 1260 in its research report dated November 15, 2017.

CCI slaps over Rs 6,700 crore fine on 11 cement cos

Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

JK Cements resumes production at Karnataka facility

In a BSE filing, the company said production was temporarily halted on January 27 at its 3-million tonne per annum grey cement manufacturing unit - JK Cement Works, Baglakot, Karnataka due to sudden caving-in of the clinker silo roof

Stick with pharma & IT; won't buy RIL now: Nirmal Jain

Nirmal Jain of IIFL remains overweight on technology and pharma stocks and prefers sticking to them in the current market scenario.

CCI to cement cartel: Pay 50% of FY10, FY11 profits as fine

The Competition Commission of India (CCI) has slapped around Rs 6,000 crore penalty on 11 cement companies for forming a cartel. The penalty accounts for 50% of their FY10 and FY11 profits.

JK SPCB orders closure of two cement factories

Jammu and Kashmir State Pollution Control Board has ordered closure of two cement factories in Pulwama district for violating pollution control norms.

JK Cements eager to expand, but faces big hurdles

JK Cements has ambitious expansion plans, but with a struggling cement industry in a weak economy, fund raising will not be a breeze for the company, reports CNBC-TV18's Vineetha Athrey.