JSW Infrastructure shares gained attention following HSBC's rating upgrade and revised price target on Tuesday, January 13. The global brokerage firm upgraded the infrastructure company's rating while expressing optimism about its long-term growth trajectory.

HSBC Rating and Price Target Details

HSBC upgraded JSW Infrastructure to 'hold' rating and set a price target of ₹280 per share. This target represents an upside potential of 5.6% from Monday's closing price, reflecting the brokerage's improved confidence in the company's prospects.

Growth Projections and Capacity Expansion

The brokerage highlighted JSW Infrastructure's ambitious growth plans and execution capabilities. HSBC expects the company to double its earnings before interest, tax, depreciation and amortisation (EBITDA) by FY28 compared to FY25 levels. Additionally, the company remains on track to achieve its FY30 port capacity target of 400 million tonnes per annum (MTPA).

HSBC praised the company's execution record, noting it provides comfort regarding the achievement of these ambitious targets. The brokerage's confidence stems from JSW Infrastructure's demonstrated ability to deliver on its expansion commitments.

Revised Financial Estimates

The brokerage made mixed adjustments to its financial projections for JSW Infrastructure. Weakness in the iron ore and coal trade prompted HSBC to reduce profit estimates for FY26-27. However, the firm raised its FY28 estimates to account for the company's new business ventures and diversification efforts.

Analyst Coverage and Stock Performance

Despite the upgrade, HSBC continues to prefer Adani Ports over JSW Infrastructure as its top pick within the infrastructure sector. The broader analyst community remains largely positive on the stock, with 13 out of 17 analysts maintaining 'buy' ratings, while two each have 'hold' and 'sell' ratings.

JSW Infrastructure shares have faced headwinds recently, declining 16.3% over the past six months. The stock ended the previous trading session 1.34% lower, reflecting ongoing market challenges in the infrastructure space.

JSW Infrastructure Limited has scheduled a conference call to discuss its Q3FY26 financial results, following the company's Board of Directors meeting on January 16, 2026. The infrastructure company informed stock exchanges about this development through a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting and Results Announcement

The company's Board of Directors will convene on Friday, January 16, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. This meeting represents a key milestone in the company's quarterly reporting cycle.

Conference Call Details

The earnings conference call has been scheduled immediately following the board meeting to provide stakeholders with detailed insights into the company's Q3FY26 performance.

Management Representation

The conference call will feature senior leadership from JSW Infrastructure, ensuring comprehensive coverage of the company's quarterly performance and strategic developments.

Key Representatives:

• Mr. Rinkesh Roy – Joint Managing Director & CEO
• Mr. Lalit Singhvi – Strategic Advisor & Board Member
• Mr. Nagarajan J – Chief Financial Officer
• Mr. Vishesh Pachnanda – Head, Investor Relations

Participation Details

Investors and analysts can participate in the conference call through multiple dial-in options across different regions.

Participants are encouraged to register in advance through the company's designated registration portal to ensure smooth access to the call.

Documentation and Transparency

In line with regulatory requirements and corporate governance practices, JSW Infrastructure will make the conference call transcript available on its official website at www.jsw.in/infrastructure following the discussion. This ensures broader accessibility to the information shared during the call for stakeholders who may not be able to participate in real-time.

The company has notified major stock exchanges including BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Limited about the scheduled conference call, maintaining transparency across all trading platforms where its shares are listed.