India, March 26 -- This mid-cap stock, which is a powerhouse in the building materials and construction sector, is eyeing massive growth. Recently, the company secured a monumental 1,188-hectare resource lease, which is nearly triple the size of recent competitor wins, the company has now future-proofed its raw materials needs for the next 50 years, and this win could provide the essential fuel to hit its ambitious 50 MTPA production goal.

With a market of more than Rs 40,800 Cr, J K Cements Ltd is the company in context. Its stock has given a 22 percent compounded return in the past 3 years, and is trading at a PE of 39 which is higher than the industry PE of 27.

J.K. Cement Ltd. stands as a premier Indian manufacturer, renowned for it...