JK Group Cement Stock: Record Date Is On 12th June For Rs 6.50 Dividend; What Traders Should Do?

A well-known cement producer in India, JK Lakshmi Cement is a division of the JK Organization. With a robust dealer network spanning many Indian states, including Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, and more, JK Lakshmi Cement provides a variety of products, including JK Lakshmi PRO+ Cement. Following the Board's announcement of the record date for the 130% dividend, JK Lakshmi Cement's shares were trading 0.70% higher at Rs 821.15 per share as of 1:02 PM IST on Monday, June 9. The company's market value was Rs 9.66KCr.

JK Lakshmi Cement Dividend

"Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Thursday, 12th June 2025, as a Record Date for determining entitlement of Members for payment of dividend of Rs 6.50/- per Equity Share of Rs 5 each (130%) for the financial year ended March 31, 2025. The Dividend as above will be paid immediately within three to four weeks from the date of the AGM to the Members whose names are borne on the Company's Register of Members on aforesaid record date or to their mandates. In respect of shares held in dematerialised form, the dividend will be paid on the basis of details of beneficial ownership to be received as of the aforesaid record date from the Depositories for this purpose," said JK Lakshmi Cement in a stock exchange filing.

JK Lakshmi Cement Financials

In the quarter that ended in March 2025, JK Lakshmi Cement's net profit climbed 16.90% to Rs 183.54 crore, compared to Rs 157.01 crore in the quarter that ended in March 2024. In the quarter that ended in Q4FY25, sales increased by 6.56% to Rs 1897.62 crore, compared to Rs 1780.85 crore in the quarter that ended in Q4FY24. EBITDA, however, improved 4.3% to Rs 351.3 crore. In the year ending in March 2025, net profit plummeted 36.58% to Rs 299.25 crore, compared to Rs 471.82 crore in the year ending in March 2024. Sales for FY25 were Rs 6192.62 crore, down 8.78% from Rs 6788.47 crore for FY24.

JK Lakshmi Cement Share Price Target

"JK Cement is trading in a consolidation phase after a sharp up-move. The stock has immediate support at ₹5,700, and major resistance lies at ₹5,950. A breakout above ₹5,950 could trigger a move toward ₹6,100-₹6,200. On the downside, a break below ₹5,700 may lead to profit booking toward ₹5,500. The trend remains positive, but fresh buying should be considered only on a breakout with volume above ₹5,950," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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