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. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>JK Lakshmi Cement (JKLC) is a dominant player in the cement industry in its key markets of North and West India and derives 75% of its revenue from these two regions. It has a sizeable market presence in Eastern India as well. The total cement capacity of the company on a consolidated basis stands at 13.9 million tonnes per annum (mntpa). A strong network of about 7000+ cement dealers spread in the states of Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Uttar Pradesh, Punjab, Delhi, Haryana, Jammu &amp; Kashmir, Maharashtra, Odisha, and West Bengal enables the company to efficiently serve its customers across India.</p><p>We recommend a BUY on the stock with a target price of Rs 750/share</p><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 Lakshmi Cement (JKLC) is a dominant player in the cement industry in its key markets of North and West India and derives 75% of its revenue from these two regions. It has a sizeable market presence in Eastern India as well. The total cement capacity of the company on a consolidated basis stands at 13.9 million tonnes per annum (mntpa). A strong network of about 7000+ cement dealers spread in the states of Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, Uttar Pradesh, Punjab, Delhi, Haryana, Jammu &amp; Kashmir, Maharashtra, Odisha, and West Bengal enables the company to efficiently serve its customers across India.We recommend a BUY on the stock with a target price of Rs 750/shareContent 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 Lakshmi Cement

Pick of the Week: JK Lakshmi Cement