India's J.K. Cement set for best day in six months on 'industry leading' Q4 volume growth

J K Cement

26/05/2025 05:21

May 26 - ** India's J.K. Cement JKCE.NS rises 6% to 5420 rupees after Q4 results

** Co's Q4 total net sales rise 15% y/y, profit after tax jumps 65% y/y, led by volume growth and pricing

** Stock set for best day in nearly six months

** Jefferies says JKCE's volume growth 'industry-leading'; adds co benefited from strong growth and capacity addition in Central India

** Emkay Global and Jefferies say JKCE's standalone core profit was above their estimates

** Emkay adds, gray cement volume growth of 15% y/y implies market share gains in north and central India, as peers in similar geographies reported growth in 3%-8% range

** Including session's gains, JKCE up ~34% in the last 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))