India's JSW Cement hits 7-month high, set for best week on record

JSW Cement

22/05/2026 08:39

** India's JSW Cement JSWC.NS rises as much as 11.8% to 142.50 rupees - its highest since Oct. 10, 2025

** Stock on track for best week on record, with 12.4% gain so far through Friday

** Cement maker's Q4 consol total net profit jumps over 10-fold y/y; rev from ops up 10.9% y/y

** Emkay Global hikes PT on stock to 125 rupees from 115 rupees; says at ~11x FY28E EV/EBITDA, the risk-reward ratio appears balanced

** Bobs Capital says the strong diversified earnings pool, well-spread regional mix and strong backward integration will help improve the quality of earnings

** Brokerage hikes PT on stock to 148 rupees from 139 rupees

** Co rated "buy" on average by 15 analysts, median PT at 146 rupees - LSEG data

** YTD, stock up about 16%

($1 = 95.8800 Indian rupees)

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))