Cement Sector - Prices up Sharply Across India; No Rollbacks Yet
Prices up sharply across India; no rollbacks yet We interacted with cement dealers across the country to assess demand and pricing trends.
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Cement Sector- 4QFY22 Earnings Preview- Steady performance expected amid severe cost inflation
Steady performance expected amid severe cost inflation 4QFY22 earnings of the cement sector will be characterized by the resilience of margins amid...
231 Views
Cement: Higher Costs to Impact Margins, Demand Outlook Positive
After a subdued Q3FY22, cement demand witnessed an uptick in the month of Jan’22. While demand in Feb’22 stood a little softer on account of the...
228 Views
JK Cements: Paint Business Foray to Complement Wall Putty Business
We maintain our BUY rating on the stock and value it at 13x FY24E EV/EBITDA to arrive at a target price of Rs 3,100/share, implying an upside of...
304 Views
JK Cements: Higher Cost Impacts Margins; Capacity Expansion Progressing Well
We roll over our estimate to FY24 and value JKCL at 14x FY24E EV/EBITDA to arrive at a TP of Rs 3,870. TP implies an upside of 10% from CMP and we...
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