JK SUPER CEMENT
Structural positives are much stronger than seasonal headwinds: 6 largecap cement stocks with upside potential of up to 48%
It took 36 years for India’s largest cement company to take its capacity to 100 million tons.To build the next 50 million tons capacity it took just 5 years. This probably sums up many things as far as the cement industry is concerned and to some extent the Indian economy. Whether it was a change in the demand matrix, which made this company push its capacity so high in a short span of time. Also it is an indication of a trend of lower cost of capital which is the biggest enabler for economic growth. On the other side the sector keeps getting hit with seasonal headwinds, like rise in oil price or floods which led to lower demand in some regions some times. But this time, for a change, even the headwinds are turning to be short lived. The biggest change being the fact that the industry has seen an uptick in prices even when new capacities have come up.
Short term industry headwinds are long term opportunities? 6 mid cap cement stocks with upside potential of up to 17 to 41%
Recent reports indicate a decline in cement prices, causing a significant correction in cement stocks. However, it's important to consider broader factors before making investment or trading decisions in the cement sector. Despite a temporary price dip, the sector continues to benefit from increased demand driven by infrastructure projects and improved balance sheet quality. This suggests the sector's long-term prospects remain intact despite short-term price fluctuations.
Short term headwinds are long term opportunities? 6 midcap cement stocks with upside potential of up to 34%
In the last few days, there have been reports that cement prices have come down. This led to a sharp correction in the cement stocks. If one looks at the trend in cement prices, they have stayed first for the last eight months. There are a couple of points that one should look at before deciding to buy or sell both from the perspective of investing or even trading in cement space. The reason, a small dip in cement prices does not mean that the larger picture of the cement sector of having multiple tailwinds like increased demand due to focus on infrastructure and also better quality of balance sheet has changed.
Businesses which have seen many seasons ? 4 largecap manufacturing stocks with right PEG ratio
One of the biggest challenges which manufacturing companies and too large ones face is the right allocation of capital. The reason, they go through various economic and business cycles where they face both the problem of plenty and scarcity of capital at different points of time. When a metal company starts making money, it mints money. Post that what it does --buy more mines, expand capacity or retire debt -- will determine its future. When looking at manufacturing companies, look carefully at PEG ratio which long-term indicates many things in a better manner than most other ratios.
Reaching the inflection point; 5 mid & smallcap cement stocks with upside potential of up to 36%
First thing which happened after the monsoon got over was that cement companies were quick to raise the prices. While they do raise the prices, it is not done in such a short time after the lean season, also sometimes the noises which are heard from user industry like real estate and infrastructure companies when prices are raised were not heard this time. This is an indication of strong demand which in turn is an indicator of better growth. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
For investor with focus on long term wealth creation: 5 stocks with a right PEG ratio
PEG ratio is a complex process and comes with its own set of challenges. The challenge with PEG ratio is the quality of the earning forecast and given that in an ever changing macro environment , even the best of the forecast for any business can go wrong which may impact other elements which lead to some unexpected changes. However, even with these challenges, it is worth looking at PEG ratio before taking a long term investment decision.
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Four stocks with a right PEG ratio for long-term wealth creation
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PEG ratio is much better compared to the commonly used P/E ratio. It helps in avoiding stocks which might appear cheap but actually are not value buys. Especially in sectors like banking and metal where the operating matrix is very different from the manufacturing sector.
Finally cementing growth; 5 mid & smallcap cement stocks with upside potential of up to 47%
Strong demand, pricing discipline in part of the country and ability to raise prices as soon as the seasonal factor of monsoon got over brought back the focus on cement stocks. With stable energy costs, the operating matrix of the cement sector is favourable. Probably it is one sector which might give positive surprises in Q2 earning season. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
5 stocks with right PEG ratio for long-term wealth creation
The challenge with PEG ratio is the quality of the earning forecast. Given that in an ever changing macro environment , even the best of the forecast for any business can go wrong which may impact other elements which lead to some unexpected changes. But even after all the challenges, it is worth the effort to look at this ratio before investing, especially at times when decisions are being more governed by bullish sentiment than fundamentals.
4 mid & 2 largecap cement stocks with an upside potential of up to 47%
As the seasonal factor of monsoon gets over, focus would come back to cement stocks. While the oil prices have seen a recent spike but they are still not above the comfort levels. With stable energy costs, the operating matrix of the cement sector is favourable. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Seasonal road block cleared; 4 mid & 2 largecap cement stocks with upside potential of up to 49%
As the seasonal factor of monsoon gets over, focus would come back to cement stocks. With stable oil prices and energy costs, the operating matrix of the cement sector is favourable. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
JK Lakshmi Cement shareholders reject proposal to increase inter corporate transaction limit to Rs 10,000 crore
Shareholders of JK Lakshmi Cement Ltd have rejected a special resolution that aimed to increase the inter corporate transaction limit to Rs 10,000 crore. The resolution received only 71.10% of the total votes, falling short of the required 75% for a special resolution. The proposal was opposed by proxy advisory firm IiAS, which argued that the increase was too high without adequate disclosure.
This ratio is better than PE : 6 stocks with a right ratio for long-term wealth creation
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PE ratio is one of the most overused and misused ratios, it is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. Is there an alternative to it ?
Seasonal woes might be an opportunity; 4 mid & smallcap cement stocks with an upside potential of up to 16%
The narrative is that monsoon is a bad time for cement stocks . However, sometimes, those cycles and narratives are an opportunity which can be utilized for long term investing. With the continued focus on infrastructure, most of the small and mid-cap companies have been able to improve the quality of their balance sheet in the last nine years.We take a look at what analysts are saying across small and midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
4 stocks from different sectors with right PEG ratio for long-term wealth creation
One of the reasons why looking only at Price earning (PE) ratio leads to wrong decisions, is that by the time PE gets adjusted to newly announced earnings per share (EPS), it is too late. Especially in the case of commodity stocks, PE ratio is probably the last thing to look at as it creates a mirage of value.
Small is better; stocks with the right PEG ratio for investing with long term perspective
PE ratio is one of the most overused and misused ratios. It is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. But is this the right matrix to look at ? It is better to use PEG ratio when looking for long-term investment, though finding the right ratio is itself a challenge
Seasonal woes might be an opportunity; 4 mid & smallcap cement stocks with upside potential of up to 18%
In case of cement the prices are driven by domestic demand and supply dynamics and input costs matrix. With the continued focus on infrastructure, most of the small and mid-cap companies have been able to improve the quality of their balance sheet in the last nine years. We take a look at what analysts are saying across small and midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
5 stocks from largecap space with right PEG ratio for long-term investor
PE ratio is one of the most overused and misused ratios. It is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. But is this the right matrix to look at ? It is better to use PEG ratio when looking for long-term investment, though finding the right ratio is itself a challenge.
Paint stocks: Has the fear of increasing competition started hitting valuation matrix?
For Dalal Street, paints means Asian paints. However there is and sooner there will be even more to it. Will it impact the overall valuations matrix of the existing players ?
Paint stocks: 4 names where analysts are very bullish, 1 not so bullish, 1 not bullish at all. Will they be right?
For Dalal Street, paints means Asian Paints. However, there is and sooner there will be even more to it.
Dabang Delhi Kabaddi Club renews title sponsorship deal with JK Super Cement
Pushp Raj Singh, Group President, Marketing, Grey Cement, added, “We are extremely pleased to support Kabbadi, an Indian sport that celebrates grit, power and perseverance. We are excited, thrilled, and look forward to this partnership of strength, longevity, and pure bond of emotions.”
Stocks in the news: ITC, Bajaj Auto, L&T, Titan, Wipro and Adani Green
Bajaj Finserv, Adani Green, ATGL, NPTC, SBI Cards, DLF, Indigo, Marico, Tata Power, Bajaj Holdings, Gujarat Gas, AU Small Bank, Laurus Labs and Indian Bank will announce their September quarter results today.
Boom or bust? Rahul Shah prefers to invest in these 3 sectors
Commodities, especially metals are in a clear super cycle. We should be looking at metal stocks, followed by cement stocks and then the financials. These are the key preferences for investing in markets today, says V-P-Equity Advisory, MOFSL
Hold JK Cement, target Rs 1,052: Anand Rathi
JK Cement is a midcap company, operating in cement sector.
IOS Boxing ropes in 14 sponsors for fight event
Indian boxing star and WBO Super Middleweight Asia Pacific champion Vijender Singh will fight to retain his title against China’s no. 1boxer Zulpikar Maimaitiali.
Market now: Stocks & sectors seeing brisk action
There were dozens of stocks which hit their 52-week high during the trade.
Twelve stocks in focus in Tuesday morning trade
The Indian market is expected to trade higher. Here is a list of top twelve stocks that are likely to be in focus today.
IPL kicks off, but lacks the usual carnival feel
The seventh edition of the IPL kicked off on Wednesday with Mumbai Indians taking on Kolkata Knight Riders at Sheikh Zayed Stadium in Abu Dhabi.
J&K Cements to double production capacity to 600 tonnes/day
In an effort to bridge the huge gap between demand and supply of cement, Jammu and Kashmir Cements Limited is all set to double its production.
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