JSWINFRA.NS Stock Today: Rally on Capex, Target Hikes — January 19
JSW Infra share price climbed 3.6% to Rs 272.75 on 19 January, with gains driven by a multi-year capex and EBITDA roadmap despite a trimmed FY26 volume growth guidance of 5–6%. The first print after the 16 January Q3 update saw buyers return as brokerages stayed positive. JSWINFRA.NS hit a day high of Rs 279.75 and a low of Rs 262.30. We look at guidance, targets, technicals, and what Indian investors should watch next.
JSW Infra share price today
JSW Infra share price settled near Rs 272.75, up Rs 9.50 or 3.6% versus the previous close. The stock traded between Rs 262.30 and Rs 279.75 on heavy volume of 1.09 crore shares versus a 10-day average of 11.36 lakh. The 52-week range stands at Rs 218.20 to Rs 349.00, keeping the short-term bounce well below its peak.
RSI reads 47.7, a neutral zone. Price is below the 50-DMA at Rs 275.52 and the 200-DMA at Rs 297.89, so a sustained close above Rs 276 would strengthen the case for follow-through. Bollinger bands sit near Rs 263.60 and Rs 292.64. Traders can track Rs 268–293 as the immediate zone for the next move.
What management guided and why it matters
Management pared FY26 cargo volume growth guidance to 5–6% as coal and iron ore volumes stay soft. The company outlined a focused plan to drive growth from other cargo streams and new contracts. Despite the slower near-term mix, the direction points to measured expansion rather than chasing volume at the cost of returns. source
A multi-year capex pipeline and EBITDA ambition were the key positives for the Street. Brownfield expansions, new terminals, and operating efficiencies aim to lift medium-term throughput and margins. Investors will track commissioning timelines, regulatory approvals, and contract wins to assess delivery versus plan. Broker commentary suggests execution will be the main driver of re-rating. source
Broker calls and target changes
Jefferies and JM Financial reiterated Buy calls and lifted or affirmed target views after the Q3 update and guidance, citing strong capacity expansion visibility and improving earnings quality. The bullish stance helped support today’s move even as near-term cargo growth slows. We note this reflects confidence in execution and cash generation. source
Separately, Kotak upgraded the stock to Add on an improved growth outlook, reinforcing positive sentiment among domestic institutions. Target commentary focused on multi-year throughput additions and margin resilience, with risks tied to cargo mix and project timelines. This upgrade added to the constructive setup for the medium term. source
Technical and valuation check
MACD histogram is positive at 0.43, while ADX at 19.7 signals a weak trend. Price sits inside the Rs 263–293 Bollinger band. Watch Rs 276 for momentum confirmation and Rs 263 as near support. A weekly close back above the 50-DMA would improve the short-term bias.
At Rs 272.75, JSW Infra trades at 34x TTM EPS of Rs 7.58, EV/EBITDA near 24.5x, and a dividend yield of 0.31%. ROE is 16.2% with net debt to EBITDA at 1.38x and a current ratio of 2.93. Market cap stands near Rs 53,638 crore. Execution, cargo mix, and capex delivery remain key levers.
Final Thoughts
JSW Infra share price rose as investors backed a clear, multi-year capex and EBITDA plan despite a tighter FY26 volume guidance of 5–6%. The Street’s constructive stance, including Buy views from global and domestic brokers and an Add upgrade, signals confidence in throughput additions and margin durability. Near term, we will track cargo mix recovery, commissioning milestones, and any tariff or regulatory changes. For traders, Rs 263–293 is the key band, with Rs 276 as a pivot for momentum. For investors, valuation near 34x TTM EPS calls for strict focus on execution versus plan and timely project ramp-ups. This article is for information only, not investment advice.
FAQs
Why did JSW Infra share price rise today?
The stock gained after management outlined a multi-year capex and EBITDA roadmap, which offset a trimmed FY26 volume growth guidance of 5–6%. Brokerages stayed positive, citing capacity additions and improving earnings quality. Heavy volume, constructive calls, and a close near Rs 273 supported sentiment despite recent underperformance.
What changed in JSW Infrastructure guidance after Q3 results?
The company cut FY26 cargo volume growth guidance to 5–6% due to softer coal and iron ore volumes, but highlighted a stronger multi-year capex plan and EBITDA ambitions. The focus shifts to execution on brownfield expansions, new terminals, and contract wins to drive medium-term throughput and margins.
What is the latest view on JSW Infra target price from brokerages?
Jefferies and JM Financial reiterated Buy calls and lifted or affirmed their target views following the Q3 update, while Kotak upgraded the stock to Add on growth prospects. The thrust is on capacity expansion and margin resilience. Specific target numbers vary by house and are subject to change.
Is JSW Infra a buy now for long-term investors?
Long-term appeal rests on execution of capex, ramp-up timelines, and cargo mix improvement. Current metrics show ROE near 16% and net debt to EBITDA at 1.38x, but the stock trades around 34x TTM EPS. Investors may prefer staggered entries and must monitor project delivery and contract visibility.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
