JK Cements: Strong Growth but Expensive
JK Cements is in a sweet spot. Riding on increased capacities having come on stream, it has been able to propel its production volumes, leading to strong growth in revenues and profits. The growth is likely to continue. Grey cement production volumes for FY18-19 was 8.36 million tonnes per annum (MTPA), white cement production volumes, including wall putty, was 1.26MTPA. Grey cement...
Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital Access

Subscribe

Moneylife Magazine Subscriber or MAS member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • To Know How Your Investment Will Perform, Watch How Management Allocates Capital
    Capital allocation, the management act of deciding where to invest shareholders’ funds, is something every investor should be concerned about. Capital allocation is what a promoter does with the cash that is generated from business and from borrowings. This process can create value or destroy it. Often, the ‘promoter’ or the ‘manager’ running the company uses this cash-flow to meet personal...
    Premium Content
    Monthly Digital Access

    Subscribe

    Already A Subscriber?
    Login
    Yearly Digital Access

    Subscribe

    Moneylife Magazine Subscriber or MAS member?
    Login

    Yearly Subscriber Login

    Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
  • Nifty, Sensex may head higher – Wednesday closing report
    We had mentioned in Tuesday’s closing report that Nifty, Sensex remained under pressure. The major indices rallied today. On the NSE, there were 1,179 advances, 617 declines and 357 unchanged. The trends of the major indices in the course of Wednesday’s trading are given in the table below:
     
     
    Vodafone Idea (VIL) saw a sharp surge in its stock price over reports that the government is unlikely to invoke its bank guarantees for now. Vodafone Idea chairman Kumar Mangalam Birla had met Telecom Secretary Anshu Prakash on Friday to discuss the AGR payment issue after paying Rs2,500 crore on Monday.
     
    ARSS-Infrastructure Projects bagged a work order of Rs130.09 crores for execution of works for Rail Vikas Nigam.
     
    Dilip Buildcon has completed the excavation project of Northern Coalfields Ltd. The project cost was Rs1,673.58 crore.
     
    The Reserve Bank of India has granted its final approval to Kotak Mahindra Bank in the matter relating to dilution of promoters' shareholding in the bank.
     
    Tata Coffee sold 1,59,850 shares and Tata Consumer Products sold 7,05,522 shares of Tata Chemicals Limited (TCL) to Tata Sons Private as a market transaction.
     
    SpiceJet could launch 20 new flights on its domestic routes, including some services under the government's regional connectivity scheme, Udan, from late next month as part of the airline's summer schedule.
     
    The stock price of Aurobindo Pharma surged 20% after the firm received Establishment Inspection Report (EIR) with Voluntary Action Initiated (VAl) status from the US drug regulator for Unit IV for its general injectable formulation manufacturing facility.
     
    Hero MotoCorp announced an investment of Rs10,000 crore over the next 5-7 years on various activities, including research and development and setting up new manufacturing facilities.
     
    The top gainers and top losers of the major indices are given in the table below:
     
     
    The closing values of the major Asian indices are given in the table below:
     
  • User 

    COMMENTS

    SanjeevNanda

    1 month ago

    Bajaj Finance replacing SBI as one of the most valued companies on the stock market comes as very telling, as well as troubling - a 2.79% rise is not bad. It goes on to exemplify how successful the small-loan industry (that FINSERV has run with surgical precision) has been in usurping the 'major banking' status quo, and thus threatening it.
    ~ Sanjeev Nanda, Financial Advisor

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 3 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)
    FREE: Your Complete Family Record Book
    Keep all the Personal and Financial Details of You & Your Family. In One Place So That`s Its Easy for Anyone to Find Anytime
    We promise not to share your email id with anyone