JSW Energy spurts on getting nod to raise Rs 175 crore via NCDs
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JSW Energy is currently trading at Rs. 86.80, up by 3.10 points or 3.70% from its previous closing of Rs. 83.70 on the BSE.
The scrip opened at Rs. 84.50 and has touched a high and low of Rs. 88.70 and Rs. 84.50 respectively. So far 403071 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.45 on 03-Mar-2021 and a 52 week low of Rs. 34.75 on 18-Mar-2020.
Last one week high and low of the scrip stood at Rs. 91.00 and Rs. 80.50 respectively. The current market cap of the company is Rs. 14259.39 crore.
The promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 12.89% and 12.21% respectively.
JSW Energy has received an approval for the allotment of 1,750 Secured, Redeemable, Rated, Listed, Taxable, Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 175 crore. The Finance Committee of the company at its meeting held on March 9, 2021 has approved the same.
JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.
