India's JSW Infrastructure rises; co launches QIP at discount
BUZZ-India's JSW Infrastructure rises; co launches QIP at discount ** Shares of JSW Infrastructure JSWN.NS rise as much as 3.7%; last up 2% at 313.2 rupees
** Ports operator's QIP for a proposed fresh issue of equity shares opens on June 22
** Floor price set at 290.35 rupees, which represents a 5.4% discount to last close
** Co's promoter to sell 33.3 million shares via OFS
** Stock rated "Buy" on average by 17 analysts; median PT at 362.5 rupees - LSEG-compiled data
** YTD, stock up 11.5%
(Reporting by Mridula Kumar in Bengaluru)
Recent news on JSW Infrastructure
See all newsBrief: Jsw Infra Says Unit Gets LoA Worth About 480 Million Rupees
Brief: Jsw Infra Says Port Logistics Unit Receives Loi For Icd At Kudathini, Ballari District, Karnataka
Brief: Jsw Infra Gets Loi For Setting Up Inland Container Depot In Ballari District, Karnataka
India's JSW Infrastructure falls after Q1 profit drop
Brief: JSW Infra June-Quarter Consol Net Profit 3.47 Billion Rupees