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JSWCEMENT — JSW Cement News Story

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India's JSW Cement falls after quarterly profit declines

BUZZ-India's JSW Cement falls after quarterly profit declines

** Shares of India's JSW Cement JSWC.NS fall as much as 3.1% to 113 rupees; last down 1.2%

** Cement manufacturer reports September-quarter consolidated total net profit declines 1.3% Y/Y to 853.5 million rupees ($8.97 million) from 864.3 million rupees a year earlier

** Adds that its consolidated revenue from operations rises 33.1% Y/Y to 19.12 billion rupees in the quarter

** Stock rated "buy" on average by 17 analysts; median PT is 146 rupees - LSEG-compiled data

** Stock down 3.1% YTD


($1 = 95.1150 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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