India's JSW Infrastructure rises on Motilal Oswal PT hike

JSW Infrastructure

27/12/2024 07:41

** Shares of JSW Infrastructure  JSWN.NS  rise as much as
3.1% to 319.2 rupees
    ** Brokerage firm Motilal Oswal increases PT to 375 rupees,
21% higher than the last close; reiterates "buy" rating
    ** Co's capacity expansion to aid growth and is
well-positioned to gain higher market share, surpass FY25
guidance - Brokerage 
    ** Average rating of 11 analysts covering the stock is "buy"
and median PT is 375 rupees, ~18% higher than current price -
LSEG data
    ** Stock has more than doubled since listing on Oct. 3, 2023
    ** JSWN last up 2.8%, extending YTD gains to ~53%

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))