Brokerage firm Motilal Oswal has maintained its "buy" recommendation on JSW Infrastructure Ltd. on Friday, December 5, while projecting a price target of ₹360 per share.

The price target implies a potential upside of 33% from Thursday's closing levels.

JSW Infra has been in the news recently for entering into a partnership with Minerals Development Oman (MDO) by acquiring a 51% stake in a newly incorporated port SPV. This SPV will develop and operate a 27 MTPA Greenfield bulk port to support the industrial minerals projects in the Dhofar region of Oman.

Motilal Oswal believes that considering the company's strong balance sheet, with net debt-equity at 0.16x and net debt tpo EBITDA at 0.75x, there is enough headroom for growth-led investments that JSW Infra can do.

JSW Infra is executin

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