Reduce JK Cement, target price Rs 4,590:  HDFC Securities

Reduce JK Cement, target price Rs 4,590: HDFC Securities


HDFC Securities has a Reduce call on JK Cement with a target price of Rs 4,590. The current market price of JK Cement is Rs 5,020. JK Cement, incorporated in 1994, is a Mid Cap company with a market cap of Rs 38837.34 crore, operating in the cement sector.

JK Cement’s key products/revenue segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024.

Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 2974.83 crore, up 14.51% from last quarter Total Income of Rs 2597.90 crore and up .05% from last year same quarter Total Income of Rs 2973.29 crore. The company has reported net profit after tax of Rs 189.22 crore in the latest quarter. The company?s top management includes Mrs.Sushila Devi Singhania, Ms.Praveen Mahajan, Mr.Sudhir Jalan, Mr.Ashok Sinha, Mr.Ashok Kumar Sharma, Mrs.Deepa Gopalan Wadhwa, Mr.Saurabh Chandra, Mr.Paul Heinz Hugentobler, Mr.Mudit Aggarwal, Mr.Ajay Kumar Saraogi, Mr.Madhavkrishna Singhania, Dr.Raghavpat Singhania, Dr.Nidhipati Singhania, Mr.Rakesh Sethi. Company has S R Batliboi & Co. LLP as its auditors. As on 31-12-2024, the company has a total of 8 Crore shares outstanding.

Promoter/FII Holdings
Promoters held 45.68 per cent stake in the company as of 31-Dec-2024, while FIIs owned 16.88 per cent, DIIs 23.7 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.



Source link

Similar Posts

  • Kennon Green & Company LLC Lowers Position in Alphabet Inc. (NASDAQ:GOOG)

    Kennon Green & Company LLC reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 9.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,299 shares of the information services provi Source link

  • Google Launches Gemini 2.5 Pro with Enhanced Reasoning Capabilities – Equitypandit

    March 27, 2025March 27, 2025 Google introduced its generative AI assistant, Bard, in early 2023, later renaming it Gemini. Over time, Gemini has been integrated into services like Gmail and Google Workspace to enhance productivity. The AI can process text, images, and videos, generating responses,…

  • Aurora Innovation, Inc. (AUR) Q4 2024 Earnings Call Transcript

    Aurora Innovation, Inc. (NASDAQ:AUR) Q4 2024 Earnings Conference Call February 12, 2024 5:00 PM ET Company Participants Stacy Feit – Vice President, Investor RelationsChris Urmson – Co-Founder and Chief Executive OfficerDavid Maday – Chief Financial Officer Conference Call Participants George Gianarikas – Canaccord GenuityAndres Sheppard – Cantor FitzgeraldScott Group – Wolfe ResearchJeffrey Osborne – TD…

  • 1 Top Growth Stock Perfect for Young Investors in 2025

    Investing in the stock market can be a rollercoaster, with markets climbing to new all-time highs one day and dipping by massive margins the next. A harsh economic environment caused by different factors can make the market even more volatile. The ongoing trade tensions due to tariffs being implemented on both sides of the border…

  • ICICI Bank Outlook for the Week (June 03, 2024 – June 07, 2024) – Equitypandit

    [{“upd_Date”:”2024-04-19T00:00:00″,”price”:1067.25,”volume”:11284433,”Open”:1052.95,”High”:1072,”Low”:1048.1},{“upd_Date”:”2024-04-22T00:00:00″,”price”:1086.65,”volume”:10346714,”Open”:1078.8,”High”:1088.7,”Low”:1070.35},{“upd_Date”:”2024-04-23T00:00:00″,”price”:1090.25,”volume”:9848215,”Open”:1100,”High”:1100,”Low”:1082.7},{“upd_Date”:”2024-04-24T00:00:00″,”price”:1096.75,”volume”:5461309,”Open”:1092.25,”High”:1098.4,”Low”:1089},{“upd_Date”:”2024-04-25T00:00:00″,”price”:1113.75,”volume”:19905338,”Open”:1090,”High”:1125.65,”Low”:1089.95},{“upd_Date”:”2024-04-26T00:00:00″,”price”:1107.9,”volume”:14190059,”Open”:1112.15,”High”:1120,”Low”:1102.75},{“upd_Date”:”2024-04-29T00:00:00″,”price”:1160.15,”volume”:28578063,”Open”:1108,”High”:1163.45,”Low”:1107.9},{“upd_Date”:”2024-04-30T00:00:00″,”price”:1150.4,”volume”:29568491,”Open”:1159.95,”High”:1169.55,”Low”:1146.75},{“upd_Date”:”2024-05-02T00:00:00″,”price”:1139.45,”volume”:25118334,”Open”:1143,”High”:1155.5,”Low”:1133.25},{“upd_Date”:”2024-05-03T00:00:00″,”price”:1142.05,”volume”:19933604,”Open”:1141.3,”High”:1157.4,”Low”:1135.45},{“upd_Date”:”2024-05-06T00:00:00″,”price”:1146.3,”volume”:14970524,”Open”:1141.55,”High”:1158.45,”Low”:1138.1},{“upd_Date”:”2024-05-07T00:00:00″,”price”:1131.9,”volume”:15097728,”Open”:1147.95,”High”:1152.75,”Low”:1126.3},{“upd_Date”:”2024-05-08T00:00:00″,”price”:1123,”volume”:19913090,”Open”:1126.55,”High”:1132,”Low”:1116.05},{“upd_Date”:”2024-05-09T00:00:00″,”price”:1115.7,”volume”:12229853,”Open”:1120.55,”High”:1128.85,”Low”:1110},{“upd_Date”:”2024-05-10T00:00:00″,”price”:1117.05,”volume”:8573656,”Open”:1118,”High”:1128.9,”Low”:1112.05},{“upd_Date”:”2024-05-13T00:00:00″,”price”:1128,”volume”:9707983,”Open”:1112.4,”High”:1130.65,”Low”:1106.7},{“upd_Date”:”2024-05-14T00:00:00″,”price”:1120.55,”volume”:8944262,”Open”:1125.9,”High”:1127.9,”Low”:1118.55},{“upd_Date”:”2024-05-15T00:00:00″,”price”:1124.35,”volume”:10743423,”Open”:1122.1,”High”:1127.8,”Low”:1113.5},{“upd_Date”:”2024-05-16T00:00:00″,”price”:1131.05,”volume”:14265565,”Open”:1133,”High”:1136.55,”Low”:1112.8},{“upd_Date”:”2024-05-17T00:00:00″,”price”:1130.5,”volume”:8641784,”Open”:1131.05,”High”:1144,”Low”:1120.6},{“upd_Date”:”2024-05-18T00:00:00″,”price”:1130.75,”volume”:312750,”Open”:1131,”High”:1133,”Low”:1126.9},{“upd_Date”:”2024-05-21T00:00:00″,”price”:1120.95,”volume”:10452900,”Open”:1122.2,”High”:1133.8,”Low”:1116.25},{“upd_Date”:”2024-05-22T00:00:00″,”price”:1111.1,”volume”:17527411,”Open”:1125,”High”:1125.9,”Low”:1098.1},{“upd_Date”:”2024-05-23T00:00:00″,”price”:1134.5,”volume”:13787687,”Open”:1115.55,”High”:1137,”Low”:1111.4},{“upd_Date”:”2024-05-24T00:00:00″,”price”:1131.95,”volume”:6312670,”Open”:1130,”High”:1135,”Low”:1124.15},{“upd_Date”:”2024-05-27T00:00:00″,”price”:1129.8,”volume”:11599857,”Open”:1131.9,”High”:1147.8,”Low”:1121.55},{“upd_Date”:”2024-05-28T00:00:00″,”price”:1126.95,”volume”:9311718,”Open”:1132.5,”High”:1135.2,”Low”:1125},{“upd_Date”:”2024-05-29T00:00:00″,”price”:1102,”volume”:19268547,”Open”:1115.05,”High”:1123.55,”Low”:1098.5},{“upd_Date”:”2024-05-30T00:00:00″,”price”:1113.7,”volume”:15255387,”Open”:1097,”High”:1121,”Low”:1096.9},{“upd_Date”:”2024-05-31T00:00:00″,”price”:1121.05,”volume”:26197718,”Open”:1118,”High”:1130.6,”Low”:1111.25}] [{“XCHNG”:”NSE”,”Upd_Time”:”2024-05-31T00:00:00″,”open_Price”:1118,”High_Price”:1130.6,”Low_Price”:1111.25,”Price”:1121.05,”BBuy_Qty”:2918,”BBuy_Price”:1121.05,”BSell_Qty”:0,”BSell_Price”:0,”Total_Trade”:26197718,”Value”:29368951763.899998,”Volume”:26197718,”Oldprice”:1113.7,”PriceDiff”:7.349999999999909,”change”:0.6599622878692565,”Net_TrdQty”:26197718,”HI_52_WK”:1169.55,”LO_52_WK”:899,”H52DATE”:”2024-04-30T00:00:00″,”L52DATE”:”2023-10-26T00:00:00″,”sc_group”:”A”,”CompLname”:”ICICI Bank Ltd”,”Sc_code”:”532174″,”ListInfo”:”listed”,”B52HighAdj”:1169.55,”b52LowAdj”:899,”isin”:”INE090A01021″,”symbol”:”ICICIBANK “}] {“buy_point”:[{“en_ltd”:”2024-05-23″,”en_sup_p_91″:”1131.87″,”en_sup_t_91″:”1103.66″,”prev_close”:”1111.10″,”en_close”:”1134.50″,”new_date”:”May 23″,”prev_close_no”:1111},{“en_ltd”:”2024-04-22″,”en_sup_p_91″:”1080.26″,”en_sup_t_91″:”1059.18″,”prev_close”:”1067.25″,”en_close”:”1086.65″,”new_date”:”Apr 22″,”prev_close_no”:1067}],”sell_point”:[{“en_ltd”:”2024-05-07″,”en_sup_p_91″:”1134.07″,”en_sup_t_91″:”1163.17″,”prev_close”:”1146.30″,”en_close”:”1131.90″,”new_date”:”May 7″,”prev_close_no”:1146}]} Source link

Leave a Reply

Your email address will not be published. Required fields are marked *