Investec initiates Buy rating on JSW Infra, predicts 15% upside on strong growth prospects

December 4, 2024

Investec has initiated coverage on JSW Infra with a ‘Buy’ rating and a target price of Rs 370, suggesting a 15% upside. The brokerage expects the company to achieve over 20% revenue and EBITDA growth from FY24-30, driven by third-party cargo and strong JSW Group traffic.

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Market Trading Guide: HAL, LTIMindtree are among 5 stock recommendations for Monday

Indian markets closed lower, with a 2.3% decline for the week amid sectoral selling. Key stock recommendations include buy calls for LTI Mindtree, Uno Minda,

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