Must-have stock: Check Anil Singhvis recommendation on JSW Infrastructure IPO
JSW Infrastructure IPO, Anil Singhvis view on JSW Infrastructure: Singhvi is of the view that the valuation of the company is reasonable and it has the capacity to double its performance in the next 2-3 years.
JSW Infrastructure IPO, Anil Singhvi's view on JSW Infrastructure: The Initial Public Offering (IPO) of JSW Infrastructure, a part of the JSW Group, is open for subscription. The IPO was subscribed 43 per cent on the first day of subscription on Monday i.e. September 25. According to data available on the National Stock Exchange (NSE), the initial share sale received bids for 5,82,62,148 shares against 13,62,83,186 shares on offer.
Anil Singhvi's Views on JSW Infrastructure IPO
According to Zee Business Managing Editor Anil Singhvi, this is a "must-have stock".
"Subscribe for small listing gains. There are chances of a good listing. However, this is a must-have stock in the portfolio and good for long-term investment," Singhvi said.
Singhvi is of the view that the valuation of the company is reasonable and it has the capacity to double its performance in the next 2-3 years.
"JSW Infrastructure is the only third port, after Adani Port and Gujarat Pipavav Port, to be listed on the exchanges. The valuation of the company is reasonable, it is neither very attractive nor to costly. So keep this stock for at least 2-3 years.
https://rti.kfintech.com/ipostatus/.The Initiation of refunds will take place by October 4.
JSW Infrastructure IPO: Listing Date
The shares of JSW Infrastructure are expected to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 6.
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