JK Lakshmi Cement expands capacity to safeguard market share
after close1 source ↓written by the desknot a recommendation
- share
- 23% drop in Q3 profit
- when utilization reaches
- 95%
JK Lakshmi Cement Ltd is focusing on capacity expansion to protect and grow its market share amid a 23% drop in Q3 profit. The company aims to strengthen its presence in North, West, and East India, particularly during peak demand cycles when utilization reaches 95%. This strategy comes as the cement industry sees aggressive capacity additions from larger competitors.
Not investment advice. For informational purposes only.