JSW Cement Shares Dip 2% After 14% Rally; Q4 FY26 Profit Soars 2,162% YoY
मुख्य बातें
- •JSW Cement shares fell 2% on Monday after a 14% two-day rally, ending at ₹135.76.
- •Q4 FY26 net profit surged 2,162% YoY to ₹362 crore due to a lower base effect from a non-cash exceptional expense.
- •Revenue grew 11% YoY to ₹1,895 crore; the company declared a dividend of ₹0.5 per share.
- •Motilal Oswal maintained a ‘Neutral’ rating with a ₹135 target, citing soft April demand but raising FY27-28 estimates.
- •JM Financial maintained a ‘Buy’ rating with a ₹155 target, expecting mid-to-high teens volume growth and GGBS-led expansion.
- •JSW Cement approved a ₹4.3 billion 2.5 mtpa grinding unit in Nagaur, Rajasthan, aimed for commissioning by January 2028.
- •Near-term margin pressure from soft demand and high costs, but long-term growth strategy remains robust.
JSW Cement’s stock experienced a sharp decline of around 2% on Monday, ending a two-day winning streak during which it had surged over 14%. The cement manufacturer’s shares fell to ₹135.76 each despite a generally positive market sentiment that morning. Over the past week, the stock has gained more than 10%, and year-to-date, it has increased by 13%.
