Page 5 - Jsw Infrastructure

Adani group, banks, RIL help Sensex end above 69,000, Nifty 20,850

Closing Bell on December 5, 2023: The S&P BSE Sensex crossed the 69,000-mark decisively and hit a record high of 69,381 during the day

JSW Infrastructure to acquire majority stake in PNP Maritime Services

JSW Infrastructure on Monday said it has signed an agreement with SP Port Maintenance, a Shapoorji Pallonji Group company, to acquire majority stake in PNP Maritime Services (PNP Port). The agreement is to acquire over 50 per cent shares in PNP Port through its subsidiary JSW Dharamtar Port, JSW Infrastructure said in an exchange filing. "JSW Dharamtar Port has entered into share purchase and other relevant transaction documents for acquisition of 50 per cent plus 1 shares (10,00,001 equity shares) of PNP Maritime Services Private Limited from SP Port Maintenance Private Ltd," it said. PNP Maritime Services will become a step-down subsidiary of the company, it said. The transaction is for maximum equity purchase consideration of Rs 270 crore. It is expected to be completed in 15 days, the filing said. In a separate statement, JSW Infrastructure said the acquisition is expected to strengthen its position to provide hub-and-spoke model services to customers, thereby saving substanti

RIL, banks, IT stocks drag Sensex 188 pts down, Nifty below 19,750

Closing Bell on November 17, 2023: The broader markets, on the other hand, notched gains with the BSE MidCap and SmallCap indices rising 0.27 per cent and 0.36 per cent, respectively

JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government

The stock hit a new high of Rs 220, and was quoting 85 per cent higher against its issue price

Stocks to Watch today, Nov 17: Delhivery, IDBI Bank, TVS Motor, Oil-linked

Stocks to Watch on Friday, November 17, 2023: SoftBank may offload around 31 million, or 4 per cent stake, in Delhivery for $150 million

JSW Infrastructure bags Rs 4,119 crore award for port in Karnataka

JSW Group's ports biz emerged as sole bidder for Keni Port

JSW bags award to develop greenfield port in Karnataka for Rs 4,119 crore

JSW Infrastructure on Thursday said it has received a letter of award to develop an all-weather, deep-water, greenfield port at Keni Port in Karnataka on a public private partnership basis for Rs 4,119 crore. JSW Infrastructure in a statement said the proposed Keni Port would have modern environment-friendly mechanised facilities for handling cape-size vessels. "To begin with, the capacity of the proposed port shall be 30 MTPA (million tonnes per annum) in the initial phase with further potential to increase substantially in the long run," the statement said. Keni Port is envisaged as an all-weather, greenfield, multi-cargo, direct berthing, deep-water commercial port for handling all types of cargoes on the west coast in the North Karnataka region to serve the industries in the area covering Bellary, Hosapete, Hubballi, Kalaburagi, and South Maharashtra, the statement added. The proposed Keni Port is located strategically between two operational major ports viz Mormugao Port in th

JSW Infrastructure Q2 results: Consolidated profit rises 85% to Rs 256 cr

Commercial ports operator JSW Infrastructure Ltd on Friday reported an 85 per cent rise in its consolidated profit to Rs 255.87 crore for the quarter ended September 30, 2023. The company had posted a consolidated profit of Rs 138.29 crore in the year-ago period, JSW Infrastructure said. During the July-September period, its income increased to Rs 895.48 crore over Rs 696.51 crore in the previous fiscal year. The group is primarily engaged in the segment of port services.

JSW Infra extends gains after strong listing; zooms 41% over issue price

Moody's Investors Service, on Tuesday, upgraded JSW Infra corporate family rating (CFR) and senior secured bond rating to Ba1 from Ba2, and changed the outlook to stable from positive

JSW Infra to invest Rs 300 crore to develop its first container terminal

The container terminal will have a quay length of 350 meters and accommodate vessels up to 9000 TEUs. It will have a backup storage area of 15.5 hectares for storage of container

JSW group plans to tie up with Suraksha Realty for Jaypee real estate

JSW Infra will also provide technical expertise in building and operating infrastructure assets

JSW Infra seeks to buy terminal in Kamarajar Port as part of capex plan

The container terminal at the Kamarajar Port has been awarded to Adani Ports and would be developed in two phases to a full installed capacity of 1.4 million tonnes

JSW Infra aims to nearly triple cargo handling to 200 mn tonnes in 2 years

Total investment pegged at Rs 88 bn, Company will build 50 mn tonne capacity in coal and iron ore at Paradip alone

JSW Infra frontrunner to buy APM Terminals' stake in Gujarat Pipavav Port

JSW Infra's listing and capacity enhancement plans make it an aggressive bidder

Looking to raise Rs 1,000 cr to repay debt: JSW Infra CEO B V J K Sharma

Says firm has lined up capex of Rs 7,000 cr as it looks to reach port capacity of 200 mtpa by 2020

Looking to raise Rs 1,000 cr to repay debt: JSW Infra CEO B V J K Sharma

Says firm has lined up capex of Rs 7,000 cr as it looks to reach port capacity of 200 mtpa by 2020