News for JK Lakshmi Cement Limited (JKLAKSHMI.NS)

Feb 07, 2025 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to JK Lakshmi Cement quarter and nine months year ended December 31, 2024, earnin

Indian markets closed lower on Thursday, erasing early gains as consumer stocks dragged indices down. Investors remained cautious ahead of the RBIs policy decision and global trade concerns. IT and pharma sectors gained, supported by lower US treasury yields.

Leading bourses NSE and BSE have given consent to the merger of three subsidiaries into JK Lakshmi Cement Ltd. As per the scheme of amalgamation, three subsidiaries namely Udaipur Cement Works, Hansdeep Industries and Trading, and Hidrive Developers and Industries are getting merged into JK Lakshmi Cement.

Indian indices, Sensex and Nifty, closed lower on Tuesday, driven by declines in banking, financial, and auto stocks. Sensex fell 821 points and Nifty dropped 258 points. October CPI inflation rose to 6.21%, fueling market concerns for Wednesday.

Neuland Labs, Tera Software, Electrotherm, SaskenTech and Orient Technologies, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 0.86 per cent at 22151.60.

The Nifty Bank index closed 1.39 per cent at 51157.80.

Britannia, BEL, NTPC, HDFC Bank and Asian Paints were among the top losers on NSE in today's trade.

The Nifty Realty index closed 0.18 per cent at 967.95.

Nov 08, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day and welcome to the earnings conference call for quarter and half year ended 30, September 2024

Indian benchmark equity indices gained during a special one-hour "muhurat" trading session on Friday, marking the Diwali festival, driven by auto stocks boosted by positive monthly sales data.

The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.

Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50: Cement Stocks

What experts predict about Nifty on July 31? The Nifty needs to cross the hurlde at 25,000-mark for a fresh leg of rally to emerge; Key support seen around 24,750-24,800 levels, say technical analysts

Udaipur Cement Q1 Results: The fall in the share price came after the company witnessed a mixed set of June quarter (Q1FY25) results

After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.

Nov 06, 2023 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Q2 and H1 FY '24 Earnings Conference Call of JK Lakshmi Cement Limited, hosted

Nifty could extend its uptrend towards next resistances of 22,600-22,700 followed by 23,000-23,100. Supports for the Nifty are seen at 22,200 and 21,800.

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 26 points or 0.10 percent.