Fresh Entry: Goldman Sachs and India’s Largest MF Buy Stake in JSW Cement; Shares Price Up 18% in 2 Days

On Monday, the Indian equity benchmarks traded higher during the session, with the benchmark Nifty 50 index rising 1.03 per cent to 23,963.45. Cement stocks remained in focus amid heavy institutional buying activity and block deals. In this segment, JSW Cement's share price was trading lower by 1.37 per cent at Rs 136.10 after witnessing a sharp rally of around 18 per cent over the last two trading sessions.

The stock touched an Intraday high close to Rs 136 levels and currently trades near its 52-week high of Rs 162.15 recorded on September 04, 2025. Its 52-week low stood at Rs 106.65 recorded on December 04, 2025.

Bulk And Block Deal Details

According to exchange data, AP Asia Opportunistic Holdings Pte. Ltd. sold 4,28,18,002 equity shares of JSW Cement Ltd through a bulk deal on NSE at an average price of Rs 124 per share. The transaction represented around 3.14 per cent equity stake in the company.

Several institutional investors emerged as buyers in block deals executed at the same price level. Goldman Sachs India Equity Portfolio purchased 22,25,770 equity shares representing 0.16 per cent stake through a block deal on BSE.

India Acorn ICAV bought 97,50,000 equity shares or 0.72 per cent stake, while SBI Mutual Fund acquired 67,00,000 equity shares representing 0.49 per cent stake.

Amundi Funds Equity India purchased 40,00,000 equity shares, WhiteOak Capital Mutual Fund bought 36,50,000 equity shares and Edelweiss Mutual Fund acquired 27,00,000 equity shares.

Additionally, ICICI Prudential Mutual Fund purchased 1,19,78,002 equity shares representing 0.88 per cent stake. Bandhan Mutual Fund and Bajaj Finserv Mutual Fund also acquired stakes through block deal transactions.

JSW Cement Shareholding Pattern

As per the March 2026 shareholding pattern, promoters held 72.04 per cent stake in JSW Cement Ltd. Foreign Institutional Investors (FIIs) held 2.93 per cent stake during Q4FY26 compared to 3.03 per cent in the previous quarter.

Domestic Institutional Investors (DIIs) increased stake to 8.74 per cent from 8.09 per cent in the previous quarter, while public shareholding stood at 14.67 per cent.

JSW Cement Stock Performance

JSW Cement has delivered returns of around 8.68 per cent over the past one month and around 17.16 per cent over the past six months. However, the stock declined around 6.83 per cent over the past one year.

About JSW Cement

JSW Cement Ltd is part of the JSW Group and operates in the cement manufacturing business with a focus on sustainable and environmentally friendly cement production. The company manufactures blended cement products and has production facilities across multiple Indian states.

The company continues to expand its capacity and strengthen its distribution network across domestic markets while focusing on low carbon cement manufacturing technologies and infrastructure-led demand growth opportunities.

What are your views on the recent institutional buying activity in JSW Cement Ltd? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.