Can JSW cement achieve strong revenue and EBITDA growth in near future?
Synopsis: Equirus initiates coverage on JSW Cement with a Long rating and Rs. 167 target, 41% upside with citing its 80% GGBS market share, strategic northern expansion, strong steel linkages, and projected 18% revenue and 33% EBITDA growth over three years.
This company is a leading Indian manufacturer of green cement, known for its sustainability and use in major infrastructure projects is now in the spotlight after Equirus gave a Long rating with 41% upside.
With a market capitalisation of Rs. 16,196 cr, the shares of JSW Cement closed at Rs. 118.80 per share from its previous close of Rs. 118.65 per share. The stock debuted on the BSE and NSE on August 14, 2025, after its IPO, registering a modest gain of around 4.4%…
