JK Lakshmi Cement Stock: Buy JK Lakshmi Cement, Target Price Rs 1030: Motilal Oswal
Established in 1938, JK Lakshmi Cement Ltd. is a mid-sized company (market capitalization of Rs 10499.70 Crore) operating in the cement sector.
JK Lakshmi Cement Ltd. Key products/revenue segments include cement, clinker and other operating revenues for the year ended March 31, 2023;
finance
For the quarter ended December 31, 2023, the company reported consolidated total income of Rs 1719.54 Crore, which is 8.25% higher than total income of Rs 1588.51 Crore in the previous quarter and 9.10% higher than total income of Rs 1576.06 Crore in the same quarter last year. no see. The company reported a net profit after tax of Rs 150.08 Crore in the latest quarter.
Promoter/FII Holdings
The promoters hold 46.31% stake in the company as on December 31, 2023, with FII holding 10.83% and DII holding 27.55%.
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