Buy JSW Infrastructure, target price Rs 390: Motilal Oswal

Motilal Oswal has buy call on JSW Infrastructure Ltd. with a target price of Rs 390. The current market price of JSW Infrastructure Ltd. is Rs 336.3.

JSW Infrastructure Ltd., incorporated in the year 2006, is a Small Cap company (having a market cap of Rs 70581.05 Crore) operating in Shipping sector.

JSW Infrastructure Ltd. key Products/Revenue Segments include Cargo Income for the year ending 31-Mar-2024.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 1103.69 Crore, down -8.05 % from last quarter Total Income of Rs 1200.30 Crore and up 20.20 % from last year same quarter Total Income of Rs 918.23 Crore. Company reported net profit after tax of Rs 296.55 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 85.61 per cent stake in the company as of 31-Mar-2024, while FIIs owned 2.34 per cent, DIIs 3.59 per cent.