JK Cement Ltd has seen some positive cues from North India, thanks to the ramp-up of its recently commissioned plant in North India. The contraction in North was much lower than West and Central India. JK grey cement saw 20% growth in volumes in July/August period.
By the end of the year, the total capacity of JK would have ramped up to 14.7 mtpa which is nearly 40% higher than last year. The reason for the spurt in market gains is that JK has been lucky to have expanded in the favorable pricing region.
JK Cement Ltd has seen some positive cues from North India, thanks to the ramp-up of its recently commissioned plant in North India. The contraction in North was much lower than West and Central India. JK grey cement saw 20% growth in volumes in July/August period.
By the end of the year, the total capacity of JK would have ramped up to 14.7 mtpa which is nearly 40% higher than last year. The reason for the spurt in market gains is that JK has been lucky to have expanded in the favorable pricing region.