Prabhudas Lilladher upgrades JSW Infrastructure to 'BUY' on strategic deal; target Rs 336

• Prabhudas Lilladher upgraded JSW Infrastructure to 'BUY' with a target price of Rs 336.
• The upgrade is attributed to stock price correction and the company's efforts to achieve planned volume growth.
• JSW Infrastructure acquired JSW Rail, JSW Minerals, and JSW (South) Rail for an EV of Rs 12.12bn.
• This acquisition aims to scale up multimodal logistics, provide access to GPWIS/LSFTO licenses, and add an operational rake fleet.
• The move is expected to strengthen inland transportation and support long-term cargo movement across various industries.

Why It Matters: It recommends buying JSW Infrastructure stock for potential growth.