JSW Infrastructure shines on taking delivery of dredger from IHC Dredging
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JSW Infrastructure is currently trading at Rs. 350.10, up by 14.00 points or 4.17% from its previous closing of Rs. 336.10 on the BSE.
The scrip opened at Rs. 339.95 and has touched a high and low of Rs. 352.25 and Rs. 336.10 respectively. So far 137190 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 361.00 on 04-Jul-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. 352.25 and Rs. 321.60 respectively. The current market cap of the company is Rs. 73206.05 crore.
The promoters holding in the company stood at 85.61%, while Institutions and Non-Institutions held 6.90% and 7.49% respectively.
JSW Infrastructure has taken delivery of a new, state?of?the?art dredger from Netherlands based IHC Dredging. This investment into the second dredger, aligns with the company’s FY2030 growth plan to boost capacity from 170 Million Tonnes Per Annum (MTPA) to 400 MTPA. The new dredger will support both greenfield and brownfield expansion projects at multiple ports of the company.
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.
