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Investec has initiated coverage on JSW Infra with a 'Buy' rating and a target price of Rs 370, suggesting a 15% upside. The brokerage expects the company to achieve over 20% revenue and EBITDA growth from FY24-30, driven by third-party cargo and strong JSW Group traffic.
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Rahul Jain, Director at Dolat Capital, indicates that Swiggy may face profitability challenges due to increased competition in quick commerce. Although Swiggy is making strides in innovations like 10-minute deliveries, it trails Zomato in execution and profitability. This gap may keep Swiggy's valuation significantly lower than Zomato's despite potential market share improvements.
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News and Media
The nuclear power plant is the first to be built in the UK for 30 years.
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News and Media
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