Currently trading at around ₹236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of ₹119 in less than 5 months. Technical and fundamental experts suggest if you should still buy the infra stock.
JSW Infra is said to be conducting due diligence of Navkar Corp s assets, the sources said, adding that the talks between the two parties is said to be in advanced stages.
Shares of JSW Infrastructure surged as much as 8 per cent to Rs 245 on Wednesday, its new record highs, commanding a total market capitalization of more than Rs 51,000 crore mark.