Download Unicorn Signals App

Powered By EquityPandit
Latest News

JSW Infrastructure plans to list shares in 2018/19

JSW Infrastructure Ltd, is aiming to list its shares on local bourses in 2018/19 as it draws an expansion plan of increasing operating profit and cargo-handling capacity.

According to Devki Nandan, its vice president for business development, “Right now the company is in expansion mode. We are looking for 15-20 billion rupees operating profit before the listing of our shares.”

For the current fiscal year, he expects a 30 percent growth in his firm’s operating profit over 5 billion rupees recorded in 2015/16, and targets cargo-handling capacity of 300 million tonnes by 2025.

Read EquityPandit’s Technical Analysis of Indian Stock Market

Get Daily Prediction & Stocks Tips On Your Mobile