08-07-2024 03:28 PM | Source: Accord Fintech
JSW Energy rises on planning capital expenditure of Rs 15,000 crore in FY25

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JSW Energy is currently trading at Rs. 739.40, up by 2.90 points or 0.39% from its previous closing of Rs. 736.50 on the BSE.

The scrip opened at Rs. 744.95 and has touched a high and low of Rs. 746.75 and Rs. 732.85 respectively. So far 45565 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 752.40 on 01-Jul-2024 and a 52 week low of Rs. 282.05 on 17-Jul-2023.

Last one week high and low of the scrip stood at Rs. 752.40 and Rs. 716.65 respectively. The current market cap of the company is Rs. 129212.52 crore.

The promoters holding in the company stood at 73.67%, while Institutions and Non-Institutions held 17.67% and 8.66% respectively.

JSW Energy has planned a capital expenditure of Rs 15,000 crore during the current fiscal year (FY25). The company intends to reach the goal of 20 GW generation and 40 GWh storage under 'Strategy 2.0'. The company is also actively scouting for acquisition opportunities in the power sector. The company is on track to commission ongoing projects for power generation, battery storage and green hydrogen production.

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.