Shares of JSW Infrastructure are in focus in the present day after the agency stated one among its storage tanks on the Fujairah Liquid Terminal within the UAE sustained injury after particles from an intercepted drone fell inside the facility premises, triggering a fireplace that was later introduced beneath management.
JSW Infra shares closed 1.37% decrease at Rs 251.35 on Monday (March 2).The inventory fell to a 52 week low of Rs 241.50 on March 3, 2025. Market was closed on account of Holi on March 3.
Market cap of the agency stood at Rs 52,783 crore.
In phrases of technicals, the relative energy index (RSI) of the inventory stands at 40.5, signaling the inventory is buying and selling neither within the overbought nor within the oversold zone. JSW Infra shares are buying and selling decrease than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day however greater than the 150 day and 200 day shifting averages.
“There were no injuries, and all personnel at the terminal remain safe. The remaining fourteen tanks have been secured. Adequate insurance coverage for the facility is already in place. A thorough technical assessment is underway to evaluate the structural impact and determine the restoration plan,” stated JSW Infra.
JSW Infrastructure is a personal participant targeted on creating, working and sustaining ports companies, ports-related infrastructure improvement actions, and improvement of infrastructure.
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