Goldman Sachs and mutual funds acquire stake in JSW Cement
pre-market1 source ↓written by the desknot a recommendation
- of its stake
- 3.14%
- over two days
- 18%
- to ₹136.10 recently
- 1.37%
- of ₹162.15
- 52-week high
Goldman Sachs, along with ICICI Prudential and SBI Mutual Fund, has acquired a stake in JSW Cement as AP Asia Opportunistic Holdings sold 3.14% of its stake. Following this news, JSW Cement's shares surged 18% over two days, although they dipped 1.37% to ₹136.10 recently, approaching their 52-week high of ₹162.15.
Not investment advice. For informational purposes only.