External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>JK Cement reported healthy volume and revenue growth in Q2FY22, supported by higher clinker sales led by better demand in both trade and non-trade segments in its key markets</li><li>The company’s FY22 outlook continues to be robust in the backdrop of a better demand environment in its key markets</li><li>We arrive at a TP of Rs 3,870. TP implies an upside of 10% from CMP and we change our rating from HOLD to BUY.</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

JK Cement reported healthy volume and revenue growth in Q2FY22, supported by higher clinker sales led by better demand in both trade and non-trade segments in its key marketsThe company’s FY22 outlook continues to be robust in the backdrop of a better demand environment in its key marketsWe arrive at a TP of Rs 3,870. TP implies an upside of 10% from CMP and we change our rating from HOLD to BUY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

JK Cements: Higher Cost Impacts Margins; Capacity Expansion Progressing Well

JK Cement Ltd

JK Cements: Higher Cost Impacts Margins; Capacity Expansion Progressing Well