JSW Infra share price: Even in the midst of selling, JSW Infra’s shares rose today and a rise of more than 9 percent during the day. The Domestic Equity Benchmark Index BSE Sensex and Nifty 50 have fallen by about half per cent today, but it did not affect JSW Infra much. Due to the positive perception of domestic brokerage firm Motilal Oswal, shares jumped 9.07 percent a day to Rs 259.80. The current interest rates are slightly soft, but are still in a very strong position. It is currently trading at Rs 256.20 with a gain of 7.56% on BSE.
Brokerage firm Motilal Oswal has maintained JSW Infra in the port area. The brokerage firm has given a purchase rating at its target price of Rs 330. Indian ports handle 95 percent of the country’s exports, and it is 70 percent according to the price. The brokerage firm believes that this area will grow even faster. Brokerage believes that container traffic is expected to grow at a rate of 4-7 percent per year over the next five years, which will be inspired by the increase in revenue, decline in freight rates and generalization of global supply chains.
Brokerage says that through aggressive expansion, strategic acquisition and integrated logistics solutions, JSW Infra and Adani Ports increased the annual compound rate of 5 percent between financial year 19 and financial year 24 and at the same speed in the next five years It is expected to continue. Of the 14 analysts covering it, 11 have rated it to buy it, while three have rated it to sell it.
JSW Infra shares have given more than 70 percent returns in the last 4 months. Last year, it was at Rs 211.55 on 14 March 2024, which is a one year low of its shares. From this lower level, it increased by more than 70 percent in four months to Rs 361.00 on 04 June 2024, which is a record height for its shares. However, the stock market has stalked a boom and is about 29 percent below the record high in the boom market. However, despite this decline, the money of IPO investors has increased more than double. Its shares were released at a price of Rs 119 and listed in the domestic market on 3 October 2023.
