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India's JSW Infra reports highest-ever quarterly profit on strong cargo growth Indian JSW Infrastructure on Monday reported its highest-ever quarterly profit since going public in October 2023, boosted by higher cargo volumes. The company, India's second-biggest private port operator, reported consolidated net profit of 3.72 billion rupees ($44.3 million) in second quarter ended Sept. 30, up by 46% on-year. The company handled 27.5 million metric tonnes of cargo, 16% higher over the last year, said JSW Infrastructure, which operates ten ports and terminals alo...
India's JSW Infra reports highest-ever quarterly profit on strong cargo growth
India's JSW Infra reports highest-ever quarterly profit on strong cargo growth
Source: Reuters
2024-10-28 05:51:49 pm
JSW Infrastructure shines on taking delivery of dredger from IHC Dredging 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 sto...
JSW Infrastructure shines on taking delivery of dredger from IHC Dredging
JSW Infrastructure shines on taking delivery of dredger from IHC Dredging
Source: Accord Fintech
2024-09-23 11:38:34 am
JSW Infrastructure declines on reporting 8% fall in Q1 consolidated net profit JSW Infrastructure is currently trading at Rs. 316.25, down by 20.05 points or 5.96% from its previous closing of Rs. 336.30 on the BSE. The scrip opened at Rs. 316.10 and has touched a high and low of Rs. 327.55 and Rs. 311.00 respectively. So far 553149 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 s...
JSW Infrastructure declines on reporting 8% fall in Q1 consolidated net profit
JSW Infrastructure declines on reporting 8% fall in Q1 consolidated net profit
Source: Accord Fintech
2024-07-19 03:32:49 pm
Buy JSW Infrastructure Ltd For Target Rs. 390 By Motilal Oswal Financial Services Revenue in line with a slight miss on earnings; outlook remains bright * JSW Infrastructure (JSWINFRA) posted 15% YoY revenue growth to INR10.1b (in line) in 1QFY25. Cargo volumes rose 9% YoY to 27.8MMT, of which thirdparty cargo grew 48% YoY to 13.8MMT (50% of the total cargo in 1QFY25 was from third parties). The volume growth was primarily led by incremental volumes from the acquired assets and improved capacity utilization at the Paradip iron ore and coal terminal. * EBITDA margin d...
Buy JSW Infrastructure Ltd For Target Rs. 390 By Motilal Oswal Financial Services
Buy JSW Infrastructure Ltd For Target Rs. 390 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-07-19 12:36:46 pm
JSW Infrastructure shines on receiving LoA from Southern Railway, Chennai Division JSW Infrastructure is currently trading at Rs. 329.25, up by 10.20 points or 3.20% from its previous closing of Rs. 319.05 on the BSE. The scrip opened at Rs. 335.55 and has touched a high and low of Rs. 336.00 and Rs. 325.50 respectively. So far 122423 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 336.00 on 28-Jun-2024 and a 52 week low of Rs. 141.75 on 03-Oct-2023. Last one week high and low of the scrip sto...
JSW Infrastructure shines on receiving LoA from Southern Railway, Chennai Division
JSW Infrastructure shines on receiving LoA from Southern Railway, Chennai Division
Source: Accord Fintech
2024-06-28 11:07:23 am
JSW Infrastructure gains on incorporating wholly owned subsidiar 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 sto...
JSW Infrastructure gains on incorporating wholly owned subsidiar
JSW Infrastructure gains on incorporating wholly owned subsidiar
Source: Accord Fintech
2024-06-21 12:04:49 pm
Buy JSW Infrastructure Ltd. For Target Rs.300 - Motilal Oswal Financial Services Volume growth to remain robust * Cargo volumes handled by JSW Infrastructure (JSWINFRA) exhibited YoY growth of 15% in FY24 to 106.5MMT from 93MMT in FY23 (three-year CAGR of 33% over FY21-24). Considering capacity ramp-up at existing ports along with higher share of volumes from third-party customers, we expect the growth momentum to continue. * Volume growth in FY24 was led by higher capacity utilization at the Iron Ore and Coal Terminals in Paradip and an increase in the proportion ...
Buy JSW Infrastructure Ltd. For Target Rs.300 - Motilal Oswal Financial Services
Buy JSW Infrastructure Ltd. For Target Rs.300 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-16 10:27:33 am
India`s JSW Infrastructure Q4 profit rises on higher cargo volumes JSW Infrastructure, India's No.2 private port operator by market capitalisation, reported a near 10% increase in fourth-quarter profit on Friday, boosted by higher cargo volumes. The company, part of steel-to-energy conglomerate JSW Group, said consolidated net profit rose to 3.30 billion rupees ($39.6 million) in the quarter, from 3 billion rupees a year ago. Increased capacity utilisation at Paradip and Mangalore coal terminals helped boost cargo volumes by 9% to 29.3 million tons...
India`s JSW Infrastructure Q4 profit rises on higher cargo volumes
India`s JSW Infrastructure Q4 profit rises on higher cargo volumes
Source: Reuters
2024-05-03 04:05:01 pm
Buy JSW Infrastructure Ltd. For Target Rs.255 By JM Financial Services Strong volume performance JSW Infrastructure (JSWIL) posted a strong performance in 3QFY24 with volume growing by 17% YoY/19% QoQ (12% above JMFe) to 28.1mnt and EBITDA/Adj PAT rising 27%/37% YoY respectively. Volume growth was led by Paradip iron ore (+86% YoY) and Paradip coal terminals (+28% YoY). EBITDA grew by 27% YoY/+6% QoQ to INR 4.8bn and was 2% below JMFe. Reported PAT was INR 2.51bn, +118% YoY. Adj PAT was INR 3.13bn, +37% YoY/+25%QoQ and 10% above JMFe. JSWIL completed acquisit...
Buy JSW Infrastructure Ltd. For Target Rs.255 By JM Financial Services
Buy JSW Infrastructure Ltd. For Target Rs.255 By JM Financial Services
Source: JM Financial Services
2024-04-12 02:12:05 pm
Public equity fundraising increased by a huge 142 pc to Rs 1.86 lakh crore Overall public equity fundraising increased by a huge 142 per cent to Rs 1.86 lakh crore in 2023-24 from Rs 76,911 crore in 2022-23. Pranav Haldea, Managing Director, Prime Database, said 76 Indian corporates raised Rs 61,915 crore through main board IPOs in financial year 2023-24, 19 per cent higher than the Rs 52,116 crore mobilised by 37 IPOs in 2022-23. The largest IPO in 2023-24 was from Mankind Pharma (Rs 4,326 crore). This was followed by Tata Technologies (Rs 3,043 crore) and JS...
Public equity fundraising increased by a huge 142 pc to Rs 1.86 lakh crore
Public equity fundraising increased by a huge 142 pc to Rs 1.86 lakh crore
Source: IANS
2024-03-26 04:43:01 pm
JSW Infrastructure shines on incorporating wholly owned subsidiary JSW Infrastructure is currently trading at Rs. 234.20, up by 19.15 points or 8.90% from its previous closing of Rs. 215.05 on the BSE. The scrip opened at Rs. 213.85 and has touched a high and low of Rs. 235.00 and Rs. 211.55 respectively. So far 306511 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 276.00 on 26-Feb-2024 and a 52 week low of Rs. 141.75 on 03-Oct-2023. Last one week high and low of the scrip sto...
JSW Infrastructure shines on incorporating wholly owned subsidiary
JSW Infrastructure shines on incorporating wholly owned subsidiary
Source: Accord Fintech
2024-03-14 03:31:00 pm
JSW Infrastructure surges on receiving LoI from Jawaharlal Nehru Port Authority JSW Infrastructure is currently trading at Rs. 239.50, up by 6.60 points or 2.83% from its previous closing of Rs. 232.90 on the BSE. The scrip opened at Rs. 234.95 and has touched a high and low of Rs. 244.00 and Rs. 234.25 respectively. So far 455046 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 247.40 on 07-Dec-2023 and a 52 week low of Rs. 141.75 on 03-Oct-2023. Last one week high and low of the scrip stoo...
JSW Infrastructure surges on receiving LoI from Jawaharlal Nehru Port Authority
JSW Infrastructure surges on receiving LoI from Jawaharlal Nehru Port Authority
Source: Accord Fintech
2024-02-20 11:40:16 am
India`s JSW Infra Q3 profit doubles on higher cargo volumes, tariffs  India's No.2 private port operator JSW Infrastructure reported a more-than-two-fold surge in third-quarter profit on Friday, boosted by a rise in cargo volumes and higher tariffs. The company's consolidated net profit rose to 2.51 billion rupees (about $30 million) in the October-December quarter, from 1.15 billion rupees a year ago, sending the shares up by 4%. Port operators like JSW Infrastructure benefitted from increased cargo movement in and out of the country in the...
India`s JSW Infra Q3 profit doubles on higher cargo volumes, tariffs
India`s JSW Infra Q3 profit doubles on higher cargo volumes, tariffs
Source: Reuters
2024-02-02 05:55:59 pm
Buy JSW Infrastructure for Target Rs.255 - JM Financial Institutional Securities Ltd PNP port acquisition a good fit, value-accretive JSW Infrastructure (JSWIL) in its filing yesterday announced the acquisition of a majority stake (50% equity plus 1 share) in PNP Port Maritime Service Pvt Lt d (PNPL) from Shapoorji Pallonji Group for a cash consideration of INR 2.7bn (enterprise value of INR 7bn, 16.7xFY23 EV/EBITDA as per our calculations). This is in line with JSWIL’s value-accretive acquisition strategy, as outlined in our coverage note (link). JSWIL has already a...
Buy JSW Infrastructure for Target Rs.255 - JM Financial Institutional Securities Ltd
Buy JSW Infrastructure for Target Rs.255 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
2023-12-29 02:07:36 pm
JSW Infrastructure surges as its arm acquires 100% stake in Marine Oil Terminal Corp JSW Infrastructure is currently trading at Rs. 227.80, up by 2.95 points or 1.31% from its previous closing of Rs. 224.85 on the BSE. The scrip opened at Rs. 225.80 and has touched a high and low of Rs. 229.00 and Rs. 225.80 respectively. So far 95541 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 247.40 on 07-Dec-2023 and a 52 week low of Rs. 141.75 on 03-Oct-2023. Last one week high and low of the scrip stood...
JSW Infrastructure surges as its arm acquires 100% stake in Marine Oil Terminal Corp
JSW Infrastructure surges as its arm acquires 100% stake in Marine Oil Terminal Corp
Source: Accord Fintech
2023-12-20 10:54:03 am
JSW Infrastructure soars on receiving LoA to develop Keni Port in Karnataka JSW Infrastructure is currently trading at Rs. 214.90, up by 12.10 points or 5.97% from its previous closing of Rs. 202.80 on the BSE. The scrip opened at Rs. 217.70 and has touched a high and low of Rs. 220.00 and Rs. 212.50 respectively. So far 21145 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 220.00 on 17-Nov-2023 and a 52 week low of Rs. 141.75 on 03-Oct-2023. Last one week high and low of the scrip stoo...
JSW Infrastructure soars on receiving LoA to develop Keni Port in Karnataka
JSW Infrastructure soars on receiving LoA to develop Keni Port in Karnataka
Source: Accord Fintech
2023-11-17 09:51:58 am
India`s JSW Infrastructure wins $495 million order to develop port in Karnataka India's JSW Infrastructure said on Thursday it received a letter of order worth 41.19 billion rupees ($495 million) for the development of a port at Keni in the southern state of Karnataka. ($1 = 83.2082 Indian rupees)
India`s JSW Infrastructure wins $495 million order to develop port in Karnataka
India`s JSW Infrastructure wins $495 million order to develop port in Karnataka
Source: Reuters
2023-11-16 05:50:30 pm
Markets at crossroads - the week to decide medium term direction Markets in the week gone by began with a trading holiday. At the end of the week, they had lost on two of the four trading sessions, having gained on two. They ended with minor gains but are indicating that there could be a change in trend if markets are able to gain from here and also defend their support. Just early indications but the possibility is opening up. BSESENSEX gained 167.22 points or 0.25 per cent to close at 65,995.63 points while NIFTY gained 15.20 points or 0.08% to close at ...
Markets at crossroads - the week to decide medium term direction
Markets at crossroads - the week to decide medium term direction
Source: IANS
2023-10-08 01:43:49 pm
JSW Infrastructure Ltd shares hit upper circuit on debut Shares of JSW Infrastructure, the ports business of the JSW Group and the second largest commercial port operator in India in terms of cargo handling capacity in Fiscal 2023 Limited hit the upper circuit of 10% on debut. The scrip listed Rs 143 per share on BSE and NSE, at a premium of 20.17%. The company's share price closed at Rs 157.30 per share on the BSE and NSE, a 32.18% premium. As per NSE, the total quantity traded stood at 1221.17 lakh shares, on BSE the tota...
JSW Infrastructure Ltd shares hit upper circuit on debut
JSW Infrastructure Ltd shares hit upper circuit on debut
Source: PR Agency
2023-10-03 05:44:29 pm
India`s JSW Infrastructure jumps 31% in trading debut Shares of JSW Infrastructure, India's No.2 commercial port operator, climbed as much as 31.4% in their first day of trading on Tuesday, valuing the company at 330.33 billion rupees ($3.97 billion).The stock opened at 143 rupees, before jumping to a high of 157.3 rupees and holding above its initial public offer price (IPO) of 119 rupees. The broader market was down 0.5%.JSW Infra is part of the billionaire Sajjan Jindal-led JSW Group and is the first business of the steel-to-software conglome...
India`s JSW Infrastructure jumps 31% in trading debut
India`s JSW Infrastructure jumps 31% in trading debut
Source: Reuters
2023-10-03 11:53:54 am
JSW Infrastructure Ltd IPO subscribed 2.13 times on Day 2 The Rs 2800 Crore Initial Public Offering of JSW Infrastructure, the ports business of US$ 23 billion JSW Group and India?s second largest commercial port operator in terms of cargo handling capacity was subscribed 2.13 times on the second day of bidding. The issue received bids of 29,07,83,556 shares against the offered 13,62,83,186 equity shares, at a price band of ?113-119, according to the data available on the stock exchanges. Non-Institutional Investors was subs...
JSW Infrastructure Ltd IPO subscribed 2.13 times on Day 2
JSW Infrastructure Ltd IPO subscribed 2.13 times on Day 2
Source: PR Agency
2023-09-27 11:26:01 am
Retail Investors make rush for JSW Infra IPO, subscribed 43% on Day 1 The Initial Public Offering of JSW Infrastructure Limited has received a subscription of 43% on the first day of the bidding process, led by the retail investors.   The issue received bids of 5,82,98,058 shares against the offered 13,62,83,186 equity shares, at a price band of ?113-119, according to the data available on the stock exchanges.  Retail Portion was subscribed 1.38 times followed by Non-Institutional Investors by 0.60 times and Qualified Ins...
Retail Investors make rush for JSW Infra IPO, subscribed 43% on Day 1
Retail Investors make rush for JSW Infra IPO, subscribed 43% on Day 1
Source: PR Agency
2023-09-26 11:08:13 am
IPO NOTE : JSW Infrastructure Ltd By Choice Broking Salient features of the IPO:* Commercial port operator, JSW Infrastructure Ltd. (JSWIL), a group company of JSW Group is coming up with an IPO to raise around Rs. 2,800cr, which opens on 25th Sept. and closes on 27th Sept. 2023. The price band is Rs. 113 - 119 per share. * The IPO consists of only fresh issue of shares amounting to Rs. 2,800cr. From the fresh issue net proceeds, JSWIL will be utilizing Rs. 1,029cr for financing the expansion/upgradation plans at the Jaigarh Port; Rs. 88...
IPO NOTE : JSW Infrastructure Ltd By Choice Broking
IPO NOTE : JSW Infrastructure Ltd By Choice Broking
Source: Choice Broking
2023-09-25 02:41:05 pm
IPO NOTE : JSW Infrastructure Limited By Nirmal Bang Ltd BACKGROUNDIncorporated in 2006, JSW Infrastructure Limited provides maritime-related services including cargo handling, storage solutions and logistics services. The company develops and operates ports and port terminals under Port Concessions. JSW Infrastructure Limited is a part of the JSW Group.Objects and Details of the Issue:* Total issue of ~Rs.2800 Cr (at upper price band) consists of fresh issue only. * The Company proposes to utilise the Net Proceeds from the Fresh Issue towards:...
IPO NOTE : JSW Infrastructure Limited By Nirmal Bang Ltd
IPO NOTE : JSW Infrastructure Limited By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2023-09-25 10:57:42 am
JSW Infrastructure Limited`s Initial Public Offering to open on Monday, September 25, 2023, sets price band at ?113 to ?119 per Equity Share JSW Infrastructure Limited (the ?Company?), a part of the JSW Group and India?s second largest commercial port operator in terms of cargo handling capacity in Fiscal 2023 (Source: CRISIL Report), has fixed the price band at ?113 to ?119 per Equity Share for its initial public offering of Equity Shares.  The initial public offering (?IPO? or ?Issue?) of the Company will open on Monday, September 25, 2023, for subscription and close on Wedn...
JSW Infrastructure Limited`s Initial Public Offering to open on Monday, September 25, 2023, sets price band at ?113 to ?119 per Equity Share
JSW Infrastructure Limited`s Initial Public Offering to open on Monday, September 25, 2023, sets price band at ?113 to ?119 per Equity Share
Source: PR Agency
2023-09-18 04:31:07pm