Top Stocks Today : IIFL Securities has Buy call on Jsw Infrastructure - May 17

On May 17th, IIFL Securities recommended buying JSW Infrastructure shares at the current market price of Rs 273.2. The brokerage firm has set a target price of Rs 288 for the stock, indicating a potential upside of approximately 5.4%. IIFL Securities believes that the company's strong execution capabilities and healthy order book provide a solid foundation for its long-term growth prospects.

About Jsw Infrastructure:

JSW Infrastructure is a leading infrastructure company in India, listed on the National Stock Exchange (NSE). It operates in two key sectors: Infrastructure EPC and Ready Mix Concrete (RMC). The company has a proven track record of undertaking and completing complex infrastructure projects across various sectors such as power, steel, cement, roads, and railways. In the RMC segment, JSW Infrastructure has a significant presence in various states, catering to the needs of the construction industry. With its strong expertise, financial strength, and commitment to quality, JSW Infrastructure aims to continue expanding its presence and delivering value to its stakeholders.

52 Week Price Trend:

JSW Infrastructure (NSE: JSWINFRA) is trading at Rs 273.2, close to its 52-week high of Rs 276.2. The stock has performed exceptionally well over the past year, surging by over 90% from its 52-week low of Rs 141.75. This growth is attributed to JSW's strong fundamentals, including robust revenue growth, improved profitability, and reduced debt. The company's focus on infrastructure projects, particularly roads and ports, has positioned it well to capitalize on India's infrastructure development boom. Analysts remain optimistic about JSWINFRA's growth prospects, considering its strong order book and continued government spending on infrastructure.

Stratzy's MOST Analysis:

Stratzy's MOST framework has rated JSW Infrastructure with a BB- rating, indicating medium fundamental risks. This assessment is based on four pillars: Management, Outlook, Safety, and Trend. The framework assigns scores to each stock based on these pillars, with an overall score ranging from AAA to CC-. Lower grades, such as BB-, suggest that investors should be cautious due to potential risks in the company's management, industry outlook, financial safety, or market trend analysis.

Fundamental and Technical information provided in this blog were last updated on 17 May, 2024

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