Citi Initiates Coverage on JSW Cement with a ‘Buy’; Target Price ₹165
Citigroup has initiated coverage on JSW Cement and has rated the stock a Buy, citing visibility of growth prospects and cost leadership in the cement segment, with a target price of ₹165. The brokerage noted that JSW Cement currently operates grinding capacity of 21.6 million tonnes (mt) and clinker capacity of 6.4 mt, projected to … Read more