JITF Infralogistics gains as its arm incorporates step-down subsidiary
JITF Infralogistics is currently trading at Rs. 352.00, up by 3.95 points or 1.13% from its previous closing of Rs. 348.05 on the BSE.
The scrip opened at Rs. 347.75 and has touched a high and low of Rs. 352.95 and Rs. 343.60 respectively. So far 619 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 480.00 on 09-Sep-2025 and a 52 week low of Rs. 223.85 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 357.75 and Rs. 330.00 respectively. The current market cap of the company is Rs. 884.21 crore.
The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 1.99% and 34.99% respectively.
JITF Infralogistics’ material subsidiary -- JWIL Infra has incorporated an entity ‘CWS’ in consortium with SPML Infra (26% equity) and Vishnusurya Projects & Infra (10% equity), as step-down subsidiary on March 10, 2026. JWIL Infra to hold 64% share of CWS.
CWS has been incorporated to carry out the contract for implementation of continuous water supply of Pallipatu WDS & Thiruvanmiyur WDS under Area XIII of Chennai City.
