Stocks that were in focus included names like IndiGo, which gained 1.94%, Nykaa, which jumped 5.06%, and JK Cement, whose shares increased 8.67% on Monday.
For the quarter ended 30-06-2023, the company reported a Consolidated Total Income of Rs 2794.22 Crore, down -.77 % from last quarter Total Income of Rs 2815.85 Crore and up 22.16 % from last year same quarter Total Income of Rs 2287.31 Crore. Company reported net profit after tax of Rs 113.47 Crore in latest quarter.
Top Cement stocks: Cement demand is expected to grow at a CAGR of 9% over FY23-FY25E. Despite companies adding capacities, cement demand will outpace the cement supply but pricing is likely to remain under pressure. Ultratech Cement, JK Cement, or Birla Corporation, watch this Visual Story to know which cement stock to buy.
Stock brokerages have come out with research reports on select stocks namely JK Cement, Sobha, M&M, and Tega Industries. Watch this Visual Story to see what brokerages said about these counters.