Investors with a high-risk desire can consider an exposure in the JK Lakshmi Cement stock taking advantage of the recent movement.

Stock analysts have a buy recommendation outstanding on this stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around Rs 190, with a stop loss at Rs 188. Yesterday, the stock marked its closure at Rs 190.15, up 2.9% on BSE. Investors can surely reap good returns from this brilliant stock.

The target for today’s trading session lies between Rs 193-196.

Thee company has has replaced high cost debts by cheaper funds to the extent of Rs 3.25 billion that will lessen interest costs. It has come out of the corporate debt restructuring (CDR) purview.

The company’s 36 MW captive power plant that was accredited recently, will contribute significantly to reduce power costs. The company`s project for further enhancing the capacity from 3.4 million MT to 5 million MT per annum is progressing as per schedule and is expected to be commissioned by end of 1st half of year 2008-09. The company is aggressively expanding its manufacturing facility of ready mix concrete (RMC), a value added product.