Updated Dec 27, 2024 10:03 IST
JSW Infrastructure Limited is a component of the BSE 200. (Image: iStock/ETNOW.in)
Shares of JSW Infrastructure Limited jumped 1.07 per cent and traded at Rs 312.85 apiece, at around 10:03 am. The stock opened in green at Rs 313.40 vs the previous closure of Rs 309.55.
Motilal Oswal has reiterated the BUY rating with a target price of Rs 375. The brokerage firm said that the company reported a 22% cargo volume CAGR over FY18-24 (13% YoY growth in H1FY25), far outpacing the industry growth rate of 4% over the same period. It also added that the company is focused on ramping up capacity to 400MMT by 2030. It also estimates a volume/revenue/EBITDA/PAT/CAGR or 14%/19%/20%/19% over FY24-27.
JSW Infrastructure Limited is a component of the BSE 200. According to the BSE analytics (as of December 27), shares of JSW Infrastructure Ltd gave a negative return of 1.23 per cent and 2.90 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month, shares of the company up 0.75 per cent. On a YTD basis, shares of the company gained 47.05 per cent. In the past 1 year, shares of the company jumped 40.29 per cent.
JSW Infrastructure Limited announced its first-ever dividend of Re 0.55 with an ex-date and record date on July 19.
At the current market price, the dividend yield of JSW Infrastructure Limited is 0.18 per cent.
JSW Infrastructure Limited never announced bonuses for its equity shareholders.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
End of article
