The Syama Prasad Mookerjee Port, Kolkata (SMPK), on Monday signed a 30-year concession agreement with JSW Infrastructure Ltd for a Rs 740-crore project. The agreement provides for reconstruction of berth 8 and installation of rail-mounted quay cranes (RMQC) at berths 7 and 8 at Netaji Subhas Dock under the Kolkata Dock System, to enable faster container cargo handling, supported by a 25-acre backup area, a statement said. The concession has been awarded for 30 years, with the terminal projected to handle 5 lakh TEUs annually, it said. SMPK Chairman Rathendra Raman said the project reflects the port's commitment to strengthening infrastructure and trade facilitation in line with the Centre's vision of world-class ports. The signing ceremony was attended by Raman, Deputy Chairman Samrat Rahi, senior officials of the Kolkata Dock System and representatives from JSW Infra Ltd, including Director Devki Nandan.
JSW Infrastructure has acquired an 86-acre brownfield rail siding in Ballari, Karnataka, to set up a multi-modal logistics park with an investment of Rs 380 crore
Adani Ports, JSW Infra gain: Going forward, thrust of the Indian govt on augmenting multimodal connectivity, planned capex for enhancing ports capacity and rising coastal volumes augur well for ports.
Fitch upgraded JSW Infra to investment grade 'BBB-', while Moody's affirmed its Ba1 rating and revised outlook to positive, highlighting strong growth plans in ports and logistics
JSW Infra shares rose 3 per cent after it posted a jump in its net profit for the June quarter of the current financial year (Q1FY26)
JSW Infra's Q1 FY26 profit increased by 31% YoY to Rs 384.68 crore, driven by a 5% rise in cargo volumes, including contributions from its coal terminals and the integration of Navkar Corporation
Q1 FY26 company results: Dixon Technologies, United Breweries, Dalmia Bharat, KEI Industries, M&M Financial Services, and Kajaria are also to release their April-June quarter earnings reports today
JSW Infra considers stake dilution via QIP and FPO to meet Sebi's minimum public shareholding norms as promoter group holds over 85 per cent in the company
Stocks to buy: Analyst at Angel One recommends JSW Infra, Rallis India and one other stock; Check target price, stop loss here
JSW Infra shares rose 3 per cent after its resolution plan for NCR Rail Infrastructure was by the committee of creditors
The Committee of Creditors (CoC) has approved JSW Infra's resolution plan for NCR Rail Infrastructure. The plan, subject to necessary regulatory approvals, aims to expand JSW Infra's logistics
At 10:30 AM, shares of JSW Infrastructure were trading at ₹309.10, up by 1.29 per cent on the National Stock Exchange.
Stocks to Watch today, July 8, 2025: Titan, Tata Motors, JSW Infrastructure and Navin Fluorine International are some of the top stocks to watch today
JSW Infra will develop container berths at Kolkata Port with a ₹740 crore capex, focusing on enhancing handling capacity under a 30-year concession period as part of government's port privatisation
The project comes with a 30‐year concession period under the government's initiative to privatise ports
Nifty key levels: Positional trend remains bullish with support seen in the band of 24,900-25,000. The 25,200 level could offer resistance
Jindal family sells ₹1,210 crore worth of shares in JSW Infra to comply with MPS norms and raise funds for JSW Group's proposed acquisition of Akzo Nobel India
Sajjan Jindal-promoted company's stock fell as much as 3.01 per cent to 288.1 per share, the worst intraday loss since April 30 this year
Sajjan Jindal Family Trust to offload up to ₹1200 crore in JSW Infra shares via block deal to comply with Sebi's minimum 25 per cent public shareholding regulations
JSW Infra, the second-largest private commercial port operator, also reported a 17.06 per cent rise in revenue from operations in a stock exchange filing