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The name JK is derived from the initials of Kamlapat and his father Seth Juggilal (1857–1922), who belonged to the family associated with the Marwari firm Sevaram Ramrikhdas of Mirzapur. [1] The JK Group was founded in 1918.
Based on JK Cement Limited’s (NSE:JKCEMENT) earnings update in March 2018, analyst consensus outlook appear conservative, with earnings growth rate expected to be 8.1% next year, which is within ...
JK Cotton Spinning & Weaving Mills produced cotton cloth and yarn and was a successful venture. [6] He went on to set up several mills – Kamla Ice Factory in 1921, JK Oil Mills in 1924, JK Hosiery Factory in 1929, JK Jute Mills in 1931, MP Sugar Mills in 1932, JK Cotton Manufacturers Ltd in 1933 and JK Iron & Steel Co Ltd in 1934. [7]
The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. [ 2 ] The company is headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan .
UltraTech Cement Limited is an Indian multinational cement company based in Mumbai. It is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India and 5th largest around the globe with an installed capacity of 152.70 million tonnes per annum and 119 million tonnes per annum sales volume.
In January 2021, it expanded its business to East India [7] by opening a new plant in West Bengal worth 4.5 billion. [8] In August 2021, the company approves a share buyback proposal. In June 2022, the company invested 17–18 billion rupees in doubling the capacity of clinker and adding a capacity of 4 million tonnes to grinding [ 9 ] and ...
On 14 April 2022, Holcim announced that it would exit from the Indian market after 17 years of operations as part of a strategy to focus on core markets, and listed its stakes in Ambuja Cements and ACC for sale. [7] On May 15, 2022, Adani Group acquired Holcim's stake in Ambuja Cements and ACC for US$10.5 billion. [8]
Kumar Mangalam Birla was born on June 14, 1967, in Kolkata, West Bengal. [12] He is a fourth-generation member of the Birla family from Pilani, Jhunjhunu, Rajasthan.He grew up in a joint Marwari business family in Mumbai with his parents, Aditya Vikram Birla and Rajashree Birla, and his younger sister, Vasavadatta Birla.