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Jefferies cuts target price on JK Lakshmi Cement, says capex plan is in 'overcrowded' region

Jefferies said JK Lakshmi's capex plans are towards expansion in the already overcrowded East region of the country.

Stock Radar: IndiGo, HCL Tech, Honasa Consumer, Fortis Healthcare, Zaggle Prepaid in focus on Friday

NTPC, Hindalco, Bosch, Ashok Leyland, Hindustan Copper, Glenmark Pharma, Aegis Logistics, Manappuram Finance, Suzlon Energy, Torrent Pharmaceuticals, and United Spirits will announce their March quarter earnings on May 24.

Buy JK Lakshmi Cement; target of Rs 1030: Motilal Oswal

Motilal Oswal is bullish on JK Lakshmi Cement recommended buy rating on the stock with a target price of Rs 1030 in its research report dated March 07, 2024.

Hot Stocks | JK Lakshmi Cement, Motherson Sumi Wiring, JTEKT India may return up to 20%

Nifty could extend its uptrend towards next resistances of 22,600-22,700 followed by 23,000-23,100. Supports for the Nifty are seen at 22,200 and 21,800.

Hot stocks: Pick Mastek, JK Lakshmi Cement, Castrol India for up to 18% return in the short term

It would be advisable to take an approach of holding longs with trailing stop-loss instead of anticipating any upside target for the Nifty.

JK Lakshmi Cement Ltd. engages in the manufacture and market of cement. Its products include JK Lakshmiplast Pro+ Cement, PPC blended cement, ordinary portland cement, power mix concrete, autoclaved aerated concrete blocks, and light weight gypsum plaster. The company was founded on August 6, 1938 and is headquartered in New Delhi, India.

Volume	69,472.00
52-Wk High	1,000.00
52-Wk Low	607.20

JKLAKSHMI.NSE JK Lakshmi Cement Ltd.

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