Nuvama sees 22% potential upside in JSW Infra, initiates coverage with ‘buy’ rating

Domestic brokerage firm Nuvama has initiated coverage on JSW Infrastructure (JSWIL) with a ‘buy’ rating and a target price of ₹390, citing the company's potential for strong long-term growth. This target price suggests a 22% upside from the stock’s closing price on Monday.