JSW Infrastructure gains on incorporating wholly owned subsidiar
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JSW Infrastructure is currently trading at Rs. 314.00, up by 11.00 points or 3.63% from its previous closing of Rs. 303.00 on the BSE.
The scrip opened at Rs. 304.00 and has touched a high and low of Rs. 316.55 and Rs. 301.20 respectively. So far 360420 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 316.55 on 21-Jun-2024 and a 52 week low of Rs. 141.75 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 316.55 and Rs. 290.80 respectively. The current market cap of the company is Rs. 65551.55 crore.
The promoters holding in the company stood at 85.61%, while Institutions and Non-Institutions held 5.92% and 8.46% respectively.
JSW Infrastructure has incorporated a wholly owned subsidiary (WOS) namely JSW Port Logistics on June 19, 2024. The company is actively exploring opportunities to expand its presence in logistics infrastructure facilities, warehousing, container freight stations, and related areas. In pursuit of this goal, the company has established JSW Port Logistics.
JSW Infrastructure is part of the JSW Group, a multinational conglomerate with an international portfolio of diversified assets across various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports.
