Monday 29 September 2014

BUY BUY BUY J K CEMENT



Traded @ BSE/NSE (532644)Target : 650 - 750 - 800+
J.K. Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate J.K. Organisation which was founded by Lala Kamlapat Singhania. For over three decades, J.K. Cement has partnered India's multi-sectoral infrastructure needs on the strength of its product excellence, customer orientation and technology leadership

The Company has over three decades of experience in cement manufacturing. Our operations commenced with commercial production at our first grey cement plant at Nimbahera in the state of Rajasthan in May 1975. Subsequently the Company also set up 2 more units in Rajasthan at Mangrol and Gotan. In the year 2009 the Company extended its footprint by setting up a green-field unit in Muddapur, Karnataka giving it access to the markets of south-west India. Today J.K. Cement has an installed grey cement capacity of 7.5 MTPA making it one of the leading manufacturers in the country.

The Company is the second largest manufacturer of white cement in India, with an annual capacity of 400,000 tonnes, and value-added building products, such as wall putty. We are also the second largest producer of wall putty in the country with an annual installed capacity of 3,00,000

J.K. Cement was the first Company to install a captive power plant in the year 1987 at Bamania, Rajasthan. J.K Cement is also the first cement Company to install a waste heat recovery power plant to take care of the need of green power. Today at its different locations, the Company has captive power generation capacity of over 100 MWs.

The Company has made its first international foray with the setting up of a green-field dual process white cement-cum-grey cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets. The plant at Fujairah has a capacity of 0.6 million tonnes per annum for White Cement with a flexibility to change over its operation to produce upto 1 million tonnes per annum of Grey Cement. The first dispatch from J.K. Cement Works, Fujairah in the month of March was a prominent step towards expansion.

As a part of its new initiatives, the Company hashad Brown field expansions of 3 MTPA. An integrated plant at Mangrol, Rajasthan having a capacity of 1.5 MTPA and another at Jhajjar, Haryana with a split grinding unit producing 1.5 MTPA.

Backed by state-of-the-art technology, access to the best quality raw materials and highly skilled manpower against the backdrop of India's infrastructural growth in an overdrive, we are upbeat about the future. Superior products and a strong Brand name, an extensive marketing and distribution network and the technical know-how represent the Company's abiding strengths.







It's Likely to Open.....3 to 5% Up....
As....Market Participant, Eager to Eat their PIE 65@ Opening Bell...
So...Be the First to Grab this Gem @ Opening Bell....
Buy @ 560 - 563
Today's Target : 610 - 625+Ultimate Target : 700 - 850+SL : 500

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