JSW Infrastructure shares jumped more than 2% in morning trade after the company took delivery of a new dredger from Netherlands-based IHC Dredging.
In the exchange filing, the company shared, “This investment into the second dredger, aligns with the company’s FY2030 growth plan to boost capacity from 170 Million Tonnes Per Annum (MTPA) to 400 MTPA. The new dredger will support both greenfield and brownfield expansion projects at multiple ports of the company.”
As of 9:48 am, JSW Infrastructure shares were trading 1.96% higher at Rs 343.00 on the NSE.
