JSW Cement’s IPO is seeing modest activity in the grey market, with shares likely to debut around ₹152—about 3.4% above the issue price. The GMP signals cautious optimism, suggesting a potentially stable listing. However, as it stems from informal, off-market trades, it should be treated as a sentiment gauge rather than a definitive forecast of the listing price.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets