JSW Cement shares recovered sharply on Monday, trading at ₹150.01 as of 2.40 pm, up 2.7 per cent from the previous close of ₹146.07. The stock reached its 52-week low of ₹143.95 in early trading, before staging a recovery.
The newly-listed cement company opened at ₹148 and touched a high of ₹151.68 during the session. Trading volumes remained active, with 352.58 lakh shares, valued at ₹525.45 crore, changing hands. The deliverable quantity stood at 61.03 per cent of the total traded volume.
The stock’s 52-week low came just four trading days after its market debut on August 14, when it listed at ₹153.50 on NSE. The company had closed its first day of trading at ₹146, down 4.89 per cent from the opening price.
JSW Cement’s current market capitalisation stands at ₹20,450.47 crore, with a free float market cap of ₹2,571.59 crore. The stock has been experiencing volatility, with daily volatility at 0.35 per cent and annualised volatility at 6.69 per cent.
The company’s ₹3,600-crore IPO was over-subscribed 7.77 times, with strong institutional demand. The proceeds are being deployed for setting up a new integrated cement unit in Rajasthan, debt repayment, and for general corporate purposes.
The sell quantity significantly outweighed the buy quantity, with 71.65 lakh shares on the sell side, compared to 13.15 lakh shares on the buy side, indicating continued selling pressure despite the day’s recovery.
Published on August 18, 2025
