November 4, 2025

Hold on to your hats, investors! JK Cement's shares took a surprising dip of 3% on Monday, falling to Rs 6,018.45 on the BSE, even after the company cheered about a strong 17% rise in consolidated profit for the September quarter. How's that for drama? The firm reported a tidy Rs 159 crore profit after tax for Q2 FY26, up from Rs 136 crore a year earlier—thanks to bigger sales volumes. However, the party wasn’t all smooth. Costs zoomed up due to higher power, fuel, and freight charges, putting pressure on profit margins. Revenue grew a solid 18% year-on-year, hitting Rs 3,019 crore, but expenses also climbed to Rs 2,827 crore from Rs 2,545 crore. This cost hike played spoilsport, dragging the stock down. Even the global brokerage giant Citi joined the story with a twist: they slashed JK Cement's target price from Rs 7,600 to Rs 7,275. Citi noted, “higher-than-expected costs and lower realisations weighed on Q2 performance,” but still kept their 'Buy' call, saying the company has strong medium-term growth prospects. On the tech front, JK Cement’s shares are currently trading below six of eight key moving averages, signaling some weakness. The Relative Strength Index stands at 37.9, showing weak momentum but not quite oversold yet. And the Moving Average Convergence Divergence, a key trend indicator, is deep in negative territory at -87.4, confirming a bearish vibe. Yet, despite this rocky patch, JK Cement's shares have been shining overall—up nearly 36% this year and 44% over the past year. Some bright news also came in as JK Cement completed the merger of Toshali Cements Pvt. Ltd. with itself, boosting its strength in the market. The Prayagraj grinding unit got a turbo boost too, expanding capacity from 2 million tonnes per year to 3 million through smart internal tweaks. To sum it up: JK Cement is fighting the cost climb but keeps the growth engine running. Share prices might wobble a bit now, but big things seem brewing ahead. Investors, keep your eyes peeled!

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Tags: Jk Cement, Stock market, Q2 Fy26 Results, Profit Rise, Citi Brokerage, Technical analysis,