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Reading: JSW Cement debuts on exchanges, goals to be amongst prime 2 gamers
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StockWaves > Financial News > JSW Cement debuts on exchanges, goals to be amongst prime 2 gamers
Financial News

JSW Cement debuts on exchanges, goals to be amongst prime 2 gamers

StockWaves By StockWaves Last updated: August 15, 2025 2 Min Read
JSW Cement debuts on exchanges, goals to be amongst prime 2 gamers
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JSW Cement, which debuted on exchanges on Thursday, goals to be among the many prime two cement producers within the nation, managing director Parth Jindal stated.

“To be part of the JSW Group, we’re not allowed to be within the prime 5 or the highest 10. If I’ve to have a mattress in my home the place I stick with my father then I’ve to dream to be within the prime two,” he stated.

JSW Metal, the flagship firm of the Sajjan Jindal-owned JSW Group, is at the moment the most important producer of metal within the nation.

Shares of JSW Cement listed at an over 4% premium to its subject value of Rs 147. After touching an intraday excessive of Rs 154.70, the shares ended 0.9% decrease at Rs 146.05 apiece on the BSE.

The corporate had a market capitalisation of Rs 19,911 crore as on Thursday. It’s at the moment the ninth largest producer of cement within the nation with the capability to supply 20.60 million tonnes of cement yearly.

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UltraTech Cement is the market chief, adopted by Adani Cement on this planet’s second largest marketplace for the constructing materials. The 2 gamers collectively account for almost half of the nation’s manufacturing capability.

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