CARE assigns AA- rating to JK Lakshmi Cement’s Fixed Deposits

29 May 2014

Credit rating agency, Credit Analysis & Research (CARE) has assigned AA- rating to JK Lakshmi Cement’s Fixed Deposits worth Rs 15.00 crore. 

The rating derives strength from the experienced promoters and strong brand image of JKLC particularly in the Northern India market, relatively healthy capacity utilization and comfortable solvency and liquidity profile.

JK Lakshmi Cement is engaged in the manufacturing of grey cement at its plants located at Sirohi, Rajasthan, with an installed capacity of 4.2 million tonnes per annum (mtpa), and at Kalol, Gujarat, with an installed capacity of 0.55 mtpa as on March 31, 2012.

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JK Lakshmi Cement Share Price

282.30 -2.25 (-0.79%) Jul 14, 18:01
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Peers
Company Name CMP
Ultratech Cement 3771.20
ACC 1293.95
Shree Cement 22110.80
Ambuja Cement 190.60
JP Associate 2.48
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SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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