JSW Energy gains on getting nod to raise up to Rs 5,000 crore through QIP
JSW Energy is currently trading at Rs. 546.30, up by 4.35 points or 0.80% from its previous closing of Rs. 541.95 on the BSE.
The scrip opened at Rs. 546.65 and has touched a high and low of Rs. 557.95 and Rs. 546.05 respectively. So far 107028 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 557.95 on 03-Apr-2024 and a 52 week low of Rs. 240.00 on 24-May-2023.
Last one week high and low of the scrip stood at Rs. 557.95 and Rs. 515.40 respectively. The current market cap of the company is Rs. 90440.71 crore.
The promoters holding in the company stood at 73.38%, while Institutions and Non-Institutions held 17.86% and 8.76% respectively.
JSW Energy has received approval to raise aggregate amount not exceeding Rs 5000 crore through Qualified Institutions Placement (QIP) in one or more tranches subject to such regulatory / statutory approvals as may be required. The Board of Directors at its meeting held on April 02, 2024 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.
