Motilal Oswal is bullish on JSW Infrastructure has recommended buy rating on the stock with a target price of Rs 300 in its research report dated May 04, 2024.
There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the slowdown and over a period of time, growth is much better. The growth over a period of time ensures that in bearish markets the stocks are able to perform relatively well and when bulls are back they again are able to inch higher.
While FY24 saw firms from varied sectors tapping the IPO market, BFSI had a limited presence, with just Rs 9,655 crore being raised by companies from this sector. This accounts for about 18% of the total IPO fundraising, compared with 51% in FY23.