JK Lakshmi Cement Ltd have shown mixed performance
JKLAKSHMI shares have shown mixed performance, trading at ₹839.45 with a market cap of ₹10,421 Cr, down 0.56% in the day amid a 3.84% 1-month gain but -19.83% over 3 months. The company pledged to join RE100 and EP100 initiatives, becoming the 4th global cement firm to commit to 100% renewable energy by 2040. Prabhudas Lilladher recommends 'Buy' with a target of ₹881, citing strong fundamentals despite poor 5-year sales growth of 7.25% and low 3-year ROE of 12.2%.
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