JK Cement Ltd lays the Foundation Stone of its Upcoming Grinding Unit in Prayagraj, Uttar Pradesh equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PE ratio is one of the most overused and misused ratios, it is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. Is there an alternative to it ?
ICICI Securities is bullish on JK Cement recommended buy rating on the stock with a target price of Rs 3856 in its research report dated August 17, 2023.