Largest cement manufacturer in North of India
SAN FRANCISCO, CA, December 05, 2017 /24-7PressRelease/ — All-Asia institutional equities broker Decker & Co. hosted JK Lakshmi Cement (JKLC IN) during its first U.S. non-deal roadshow last week, from November 27 through December 1 in several U.S. cities. Representing JK Lakshmi Cement in meetings with global fund managers were Mr. Sudhir Bidkar (CFO) and Dr. Shailendra Chouskey (Director).
“Given JK Lakshmi Cement’s reputation as best-in-class cement producer, 30-year brand heritage, and its growth prospects, it’s no surprise emerging market fund managers were interested in meeting the company,” said Mark Decker, founder and CEO of Decker & Co., which has offices in the U.S. and Asia. “We are honored to host JK Lakshmi Cement on its first-ever trip of this kind to the U.S.”
JK Lakshmi Cement is the largest cement manufacturer in the North of India with approximately 13mn tons of installed capacity. It’s seen as one of the most efficient cement companies in the country, operating at approximately 85% utilization–70% higher than peers.
During meetings with global fund managers, meeting topics included JK Lakshmi Cement’s recent penetration into East India, the fastest-growing cement market in India, as well as its potential to benefit from governmental projects such as Smart Cities, Housing for All, and DMIC (Delhi-Mumbai Industrial Corridor).
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Decker & Co. is the leading Asia specialist brokerage based in the U.S. and will soon be the only boutique brokerage covering all of Asia. Its principals have been among the leading experts in Asian markets since the 1990s. Learn more at www.deckerco.com.
The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.
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