JSW Infra falls 4% on Q1 earnings; Nomura stays bullish, lifts TP to Rs 392

JSW Infra fell 4% following Q1 earnings results.

Nomura maintained a bullish stance on JSW Infra and raised its target price to Rs 392.

Nomura noted management reiterated its FY27 and FY28 EBITDA guidance despite operational disruptions at Fujairah.