JK Lakshmi Cement may move up 8-10%: SP Tulsian

                                                     
SP Tulsian of sptulsian.com told CNBC-TV18, "Expecting positive numbers in JK Lakshmi Cement  because of their margins and the profitability they have been delivering. It used to rule at a level of about Rs 100 or so, but having corrected to Rs 75 and generally with the good numbers we have been seeing, the informed buying coming in into the stock."

"So keeping a positive view on the stock that after the results it may move up by about maybe 8-10 percent," he said.

Monsoon hit sales; see 6% demand growth in FY14: JK Lakshmi

Early onset of monsoons and low demand has hit sales volumes in June says Shailendra Chouksey, wholetime director, JK Lakshmi Cement  . In an interview to CNBC-TV18, Chouksey says rural demand will pick up post the monsoons.

                                

He says the company can grow around 5.5-6 percent. However, he has ruled out the possibility of any price correction in the products.

"With heavy dependence on rail, the surge in the railway freight increase has definitely impacted the costing of both the input and the output. Hence, it has already put lot of pressure on the pricing.

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