Page 5 - Jk Cement
JK Cement's Q2 net profit jumps almost 3-fold to Rs 221.55 crore
JK Cement Ltd on Monday reported almost three-fold jump in consolidated net profit at Rs 221.55 crore for the second quarter ended September 2020. The company had posted a net profit of Rs 79.50 crore in July-September period a year ago, JK Cement said in a regulatory filing. Its revenue from operations rose 24.04 per cent to Rs 1,634.39 crore during the quarter under review from Rs 1,317.63 crore in the year-ago period. Total expenses rose 11.53 per cent to Rs 1,338.93 crore from Rs 1,200.41 crore in the year-ago quarter. "With gradual resumption of overall economic activities, operations of the Group have started moving towards normalcy," JK Cement said, adding that the situation is still evolving. Shares of JK Cement on Monday settled 1.62 per cent higher at Rs 1,906.20 on the BSE.
 "JK Cement's Q2 net profit jumps almost 3-fold to Rs 221.55 crore")
JK Cement looks to improve H2 growth numbers on higher demand, capacity
JK Cement is expecting to further improve its growth numbers in the second half of this current fiscal, riding on enhanced production capacity and resurgence in demand, a top company official said.
 "JK Cement looks to improve H2 growth numbers on higher demand, capacity")
Demand recovery hope, price hikes brighten outlook of cement players
UltraTech, Shree Cement, JK Cement, and Ambuja Cements among analyst picks
JK Cement rallies 6% as Gujarat unit commences commercial dispatches
Going ahead, JK Cement plans to increase grey cement capacity through a Greenfield plant at Panna, MP, where it has limestone mines
 "JK Cement rallies 6% as Gujarat unit commences commercial dispatches")
JK Cement Q1 net profit down 62.25% to Rs 50 cr due to Covid-19 lockdown
The company had posted a net profit of Rs 132.30 crore in April-June period a year ago, JK Cement said in a regulatory filing
 "JK Cement Q1 net profit down 62.25% to Rs 50 cr due to Covid-19 lockdown")
Nifty view and stock picks by HDFC Securities: Buy JK Cement, Dixon Tech
The stock of JK Cement has given bullish "Flag" pattern breakout on the daily charts
 "Nifty view and stock picks by HDFC Securities: Buy JK Cement, Dixon Tech")
Covid-19 impact: Cement companies resume ops with minimal production
UltraTech Cement, as well as other companies like Dalmia Bharat Cement, Heidelberg Cement India and others, said that partial operations at some of the companies' plants have resumed
 "Covid-19 impact: Cement companies resume ops with minimal production")
Covid-19's impact on demand, supply to undermine cement manufacturers
Cement demand is expected to contract by 10-15 per cent in FY21 in base case scenario, and up to 25 per cent if the situation worsens
Nifty view & top trading ideas by CapitalVia: Buy ACC, JK Cement
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
 "Nifty view & top trading ideas by CapitalVia: Buy ACC, JK Cement")
J K Cement Dec quarter profit rises more than two-folds to Rs 137 cr
Total income was Rs 1,427.84 crore during the three-month period as against Rs 1,284.98 crore in the same period of previous fiscal
A brand of many firsts, the JK Group trying to live up to its legacy
The British-era company, which started as textiles business, has diversified significantly into other businesses to become the conglomerate it is today
 "A brand of many firsts, the JK Group trying to live up to its legacy")
JK Cement climbs 4%, hits fresh record high; stock up 68% so far in CY19
The expansions and pick-up in demand, besides the anticipated better pricing situation in the northern markets, would improve the company's performance, analysts say.
 "JK Cement climbs 4%, hits fresh record high; stock up 68% so far in CY19")
UltraTech, Ramco Cements: Analysts see significant upside in cement stocks
Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.
 "UltraTech, Ramco Cements: Analysts see significant upside in cement stocks")
JK Cement reports 55% rise in net profit to Rs 150 crore for Q4
The company had posted a net profit of Rs 96 crore in the same quarter previous fiscal
 "JK Cement reports 55% rise in net profit to Rs 150 crore for Q4")
JK Cement records Rs 650-million profit in Q2; revenue slips slightly
Total expenses stood at Rs 10.3 billion
JK Cement Q1 PAT declines 38% to Rs 493 mn on lower revenue
The total expenses dropped to Rs 10.67 billion, from Rs 11.23 billion in the year-ago period
 "JK Cement Q1 PAT declines 38% to Rs 493 mn on lower revenue")
JK Cement Q4 net profit soars two-fold to Rs 964.5 million
The board of directors has recommended a dividend of Rs 10 per equity share for the financial year ended on March 31, 2018
 "JK Cement Q4 net profit soars two-fold to Rs 964.5 million")
JK Cement presses 'change' button, rolls out plan to understand segments
It has rolled out a plan to better understand segments and applications for more innovative products
JK Cement Q2 net surges over two-fold to Rs 93 cr
Total standalone revenue of the company rose to Rs 1,142.05 crore
 "JK Cement Q2 net surges over two-fold to Rs 93 cr")
JK Cement hits record high on good Q4 results, capacity expansion plan
The stock surged 11% to Rs 1,194, also its record high on BSE in early morning trade
 "JK Cement hits record high on good Q4 results, capacity expansion plan")