JSW Infrastructure shares surged over 2% following a “Buy” rating from Motilal Oswal Financial Services (MOSL), which set a target price of ₹375.
Key Highlights:
- Capacity Expansion: As per MOSL, JSW Infrastructure aims to boost its capacity to 400 MMT by 2030, enhancing its market share and long-term growth prospects.
- Growth Projections: MOSL forecasts strong growth with a 14% CAGR in volumes, 19% in revenue, 20% in EBITDA, and 19% in adjusted PAT over FY24-27.
- Volume Growth: The company’s strategic expansion and strong sector demand position it for continued growth.
JSW Infrastructure shares opened at ₹313.40, reaching a high of ₹319.15 and a low of ₹312.10. The stock is trading well above its 52-week low of ₹202.00, however, it is still below its 52-week high of ₹360.95.
As of 12:05 p.m., JSW Infrastructure shares were trading 2.70% higher at Rs 317.90 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
