India’s JSW Infrastructure jump 20% in pre-open trading debut

Shares of JSW Infrastructure, India’s second-largest commercial port operator, surged 20.17% in pre-open trade, valuing the company at $3.61 billion. This successful debut follows a string of other recent successful IPOs in India, driven by strong investor appetite. JSW Infra plans to use the IPO proceeds to fund expansion projects and repay debt.

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