BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Religare maintains buy on JK Cement
JK Cement's revenue grew by 9 per cent in Q1 driven by higher volume and blended realization growth of 5 and 4 per cent respectively. The stock currently trades at EV/EBITDA of 11 times its FY17 and 8 times its FY18 estimated earnings per share.