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JSW Energy declines on reporting 48% fall in Q1 consolidated net profit JSW Energy is currently trading at Rs. 287.60, down by 5.45 points or 1.86% from its previous closing of Rs. 293.05 on the BSE. The scrip opened at Rs. 293.05 and has touched a high and low of Rs. 296.55 and Rs. 283.25 respectively. So far 89878 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 204.80 on 27-Feb-2023. Last one week high and low of the scrip stood at R...
JSW Energy declines on reporting 48% fall in Q1 consolidated net profit
JSW Energy declines on reporting 48% fall in Q1 consolidated net profit
Source: Accord Fintech
18/07/2023 2:56:00 PM
India to offer $455 million in incentives for battery storage projects  India will offer 37.6 billion rupees ($455.2 million) in incentives to companies setting up battery storage projects totaling 4,000 megawatt hours (MWh) under a scheme announced earlier this year, two government sources said. The scheme is intended to boost battery storage projects critical to India's ambitious plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030 and cut the cost of battery energy storage from the current 5.5-6.5 rupees per unit. Battery ...
India to offer $455 million in incentives for battery storage projects
India to offer $455 million in incentives for battery storage projects
Source: Reuters
6/06/2023 4:30:37 PM
JSW Energy shines as its arm signs PPA with SECI for 300 MW wind power project JSW Energy is currently trading at Rs. 270.15, up by 10.05 points or 3.86% from its previous closing of Rs. 260.10 on the BSE. The scrip opened at Rs. 261.00 and has touched a high and low of Rs. 271.00 and Rs. 259.65 respectively. So far 11697 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
JSW Energy shines as its arm signs PPA with SECI for 300 MW wind power project
JSW Energy shines as its arm signs PPA with SECI for 300 MW wind power project
Source: Accord Fintech
8/05/2023 10:13:19 AM
India plans green hydrogen incentives of at least 10% of cost -source India plans to give green hydrogen fuel producers incentives worth at least 10% of their costs under a $2 billion scheme set to begin before the end of June, a top government official said. New Delhi this year approved a 174.9 billion rupee incentive plan to promote green hydrogen in a bid to cut carbon dioxide emissions and become a major exporter in the sector. The government will give incentives worth at least 30 Indian rupees per kilogram (kg) for production of green hydrogen fuel, ...
India plans green hydrogen incentives of at least 10% of cost -source
India plans green hydrogen incentives of at least 10% of cost -source
Source: Reuters
5/04/2023 7:30:30 PM
JSW Energy rises as its arm receives LoI from Power Company of Karnataka JSW Energy is currently trading at Rs. 243.55, up by 2.85 points or 1.18% from its previous closing of Rs. 240.70 on the BSE. The scrip opened at Rs. 241.00 and has touched a high and low of Rs. 246.80 and Rs. 241.00 respectively. So far 5887 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Energy rises as its arm receives LoI from Power Company of Karnataka
JSW Energy rises as its arm receives LoI from Power Company of Karnataka
Source: Accord Fintech
3/04/2023 9:42:57 AM
Key Stock Ideas : JSW Energy, SEBI, HFCL , Adani Group - ARETE Securities JSW Energy Acquires 1,753 MW Green Assets Of Mytrah Energy (India) For Over Rs 10,000 Crore: JSW Energy on Wednesday said it has completed the acquisition of 1,753 MW of renewable energy assets from Mytrah Energy (India) Pvt. for over Rs 10,000 crore. "The transaction values the Mytrah Energy portfolio at an enterprise valuation of approximately Rs 10,150 crore after adjusting for net current assets and other adjustments under the share purchase agreements," JSW Energy said in a ...
Key Stock Ideas : JSW Energy, SEBI, HFCL , Adani Group - ARETE Securities
Key Stock Ideas : JSW Energy, SEBI, HFCL , Adani Group - ARETE Securities
Source: ARETE Securities
31/03/2023 9:26:56 AM
JSW Energy jumps as its arm to acquire 12 SPVs of Mytrah Energy JSW Energy is currently trading at Rs. 228.55, up by 6.35 points or 2.86% from its previous closing of Rs. 222.20 on the BSE. The scrip opened at Rs. 225.30 and has touched a high and low of Rs. 233.60 and Rs. 222.85 respectively. So far 57318 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
JSW Energy jumps as its arm to acquire 12 SPVs of Mytrah Energy
JSW Energy jumps as its arm to acquire 12 SPVs of Mytrah Energy
Source: Accord Fintech
29/03/2023 12:10:01 PM
Buy Mahindra CIE Automotive For Target Rs.352 - ICICI Securities We recently interacted with the management of Mahindra CIE (MACA) and following are the key takeaways from the meeting: 1) MACA is prepared to deliver 800bps higher than OEM industry growth in the longer run through mix of portfolio diversification and wallet share gains; 2) set to cater EVs in India and EU through steel and aluminum casting/forging other than stamping and gears; 3) confident of ~17-18% and ~16-17% India and EU EBITDAM in CY23-24, driven by productivity improvement in India a...
Buy Mahindra CIE Automotive For Target Rs.352 - ICICI Securities
Buy Mahindra CIE Automotive For Target Rs.352 - ICICI Securities
Source: ICICI Securities
22/03/2023 12:21:27 PM
Hold JSW Energy Ltd For Target Rs.250 - ICICI Securities Decline in merchant sales and higher fuel cost impact profit; green growth prospects are bright JSW Energy (JSWEL) reported consolidated revenue / EBITDA / PAT of Rs22.5bn / Rs6.5bn / Rs1.8bn (+18.7% / -21.0% / -44.6% YoY) respectively, for Q3FY23. However, adjusting for the Rs1bn (pre-tax) prior period sales during Q3FY22, PAT was lower by 27.8% YoY. The main factors impacting performance during the quarter were: 1) 71% YoY decline in merchant sales volumes to 95MU (from 323MU in Q3FY22);...
Hold JSW Energy Ltd For Target Rs.250 - ICICI Securities
Hold JSW Energy Ltd For Target Rs.250 - ICICI Securities
Source: ICICI Securities Ltd
18/03/2023 11:56:10 AM
JSW Energy gains as its arm receives LoA for 500MW Standalone Battery Storage System from SECI JSW Energy is currently trading at Rs. 267.25, up by 2.40 points or 0.91% from its previous closing of Rs. 264.85 on the BSE. The scrip opened at Rs. 266.00 and has touched a high and low of Rs. 270.00 and Rs. 265.90 respectively. So far 6892 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. ...
JSW Energy gains as its arm receives LoA for 500MW Standalone Battery Storage System from SECI
JSW Energy gains as its arm receives LoA for 500MW Standalone Battery Storage System from SECI
Source: Accord Fintech
19/01/2023 9:44:00 AM
India OKs $2 billion incentive plan for green hydrogen industry NEW DELHI: India has approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen in a bid to cut emissions and become a major exporter in the field, the information minister said on Wednesday. The move is targeted to help India, one of the world's biggest greenhouse gas emitters, achieve net-zero carbon emissions by 2070. Reuters reported last month about India's plans for a green hydrogen incentive programme. The country aims for annual producti...
India OKs $2 billion incentive plan for green hydrogen industry
India OKs $2 billion incentive plan for green hydrogen industry
Source: Reuters
4/01/2023 7:53:26 PM
JSW Energy rises on completing acquisition of Ind-Barath Energy JSW Energy is currently trading at Rs. 286.55, up by 2.95 points or 1.04% from its previous closing of Rs. 283.60 on the BSE. The scrip opened at Rs. 285.00 and has touched a high and low of Rs. 290.10 and Rs. 284.95 respectively. So far 36683 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
JSW Energy rises on completing acquisition of Ind-Barath Energy
JSW Energy rises on completing acquisition of Ind-Barath Energy
Source: Accord Fintech
29/12/2022 10:25:08 AM
India plans $2 billion incentive for green hydrogen industry India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years, said a senior government official and an industry manager working in renewable energy. It would do this in part by increasing the scale of the industry, they said. The c...
India plans $2 billion incentive for green hydrogen industry
India plans $2 billion incentive for green hydrogen industry
Source: Reuters
27/12/2022 2:48:39 PM
JSW Energy surges after its arm starts phase-wise commissioning of ISTS-connected Wind Power Project JSW Energy is currently trading at Rs. 312.50, up by 2.15 points or 0.69% from its previous closing of Rs. 310.35 on the BSE. The scrip opened at Rs. 311.15 and has touched a high and low of Rs. 319.15 and Rs. 311.15 respectively. So far 74754 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
JSW Energy surges after its arm starts phase-wise commissioning of ISTS-connected Wind Power Project
JSW Energy surges after its arm starts phase-wise commissioning of ISTS-connected Wind Power Project
Source: Accord Fintech
6/12/2022 3:11:12 PM
JSW Energy soars reporting 36% rise in Q2 consolidated net profit JSW Energy is currently trading at Rs. 333.45, up by 15.60 points or 4.91% from its previous closing of Rs. 317.85 on the BSE. The scrip opened at Rs. 325.00 and has touched a high and low of Rs. 338.50 and Rs. 325.00 respectively. So far 135455 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at R...
JSW Energy soars reporting 36% rise in Q2 consolidated net profit
JSW Energy soars reporting 36% rise in Q2 consolidated net profit
Source: Accord Fintech
31/10/2022 12:50:31 PM
JSW Energy trades jubilantly on entering into MoU to set up hydro pumped storage project in Maharashtra JSW Energy is currently trading at Rs. 325.45, up by 32.30 points or 11.02% from its previous closing of Rs. 293.15 on the BSE. The scrip opened at Rs. 301.50 and has touched a high and low of Rs. 331.15 and Rs. 298.50 respectively. So far 337089 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at ...
JSW Energy trades jubilantly on entering into MoU to set up hydro pumped storage project in Maharashtra
JSW Energy trades jubilantly on entering into MoU to set up hydro pumped storage project in Maharashtra
Source: Accord Fintech
6/10/2022 1:14:53 PM
Key Stock News: Hindustan Copper, SAIL, Patanjali Foods, Ambuja Cements, HPCL-Mittal, JSW Energy - ARETE Securities Hindustan Copper shareholders approve 23.2% dividend for FY22 Shareholders of state-owned Hindustan Copper Ltd (HCL) on Wednesday approved a 23.2 per cent dividend for the financial year ended in March 2022. The company would make a total dividend payout of Rs 112.17 crore as approved in the 55th Annual General Meeting, HCL said in a statement. SAIL records turnover of over Rs 1 trn in FY22, posts 50% rise Steel Authority of India Ltd (SAIL) produced 18.733 million tonnes of hot me...
Key Stock News: Hindustan Copper, SAIL, Patanjali Foods, Ambuja Cements, HPCL-Mittal, JSW Energy - ARETE Securities
Key Stock News: Hindustan Copper, SAIL, Patanjali Foods, Ambuja Cements, HPCL-Mittal, JSW Energy - ARETE Securities
Source: ARETE Securities Ltd
29/09/2022 9:48:49 AM
JSW Energy to issue 3-year bonds - traders  India's JSW Energy plans to raise 2.50 billion rupees ($30.60 million) through sale of bonds maturing in three years, three merchant bankers said on Wednesday. The company will pay an annual coupon that is five basis points higher than one-year MCLR rate of State Bank of India and currently works out to be 7.75%, they said. It has invited commitment bids for Thursday from bankers and investors, and the issue will close for subscription on Friday. The notes are rated AA by I...
JSW Energy to issue 3-year bonds - traders
JSW Energy to issue 3-year bonds - traders
Source: Reuters
28/09/2022 9:02:00 AM
JSW Energy unit to buy $1.3 billion renewable assets from Mytrah Energy  India's JSW Energy said on Wednesday that its unit JSW Neo Energy has agreed to buy some renewable energy capacity from Mytrah Energy (India) for about 105.30 billion rupees ($1.32 billion). The energy unit will buy a portfolio of solar and wind power assets with a capacity of 1,753 megawatts, boosting parent JSW Energy's operational generation capacity by over 35% to 6,537 MW, according to an official statement. The deal, which is JSW Energy's largest acquisition sinc...
JSW Energy unit to buy $1.3 billion renewable assets from Mytrah Energy
JSW Energy unit to buy $1.3 billion renewable assets from Mytrah Energy
Source: Reuters
10/08/2022 9:03:37 AM
JSW Energy jumps on getting approval from NCLT to acquire Ind-Barath Energy (Utkal) JSW Energy is currently trading at Rs. 232.65, up by 4.85 points or 2.13% from its previous closing of Rs. 227.80 on the BSE. The scrip opened at Rs. 230.95 and has touched a high and low of Rs. 234.40 and Rs. 227.60 respectively. So far 32780 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
JSW Energy jumps on getting approval from NCLT to acquire Ind-Barath Energy (Utkal)
JSW Energy jumps on getting approval from NCLT to acquire Ind-Barath Energy (Utkal)
Source: Accord Fintech
28/07/2022 11:47:51 AM
JSW Energy jumps on reporting around 3-fold jump in Q1 consolidated net profit JSW Energy is currently trading at Rs. 239.80, up by 5.60 points or 2.39% from its previous closing of Rs. 234.20 on the BSE. The scrip opened at Rs. 245.70 and has touched a high and low of Rs. 250.05 and Rs. 238.30 respectively. So far 151543 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 182.00 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
JSW Energy jumps on reporting around 3-fold jump in Q1 consolidated net profit
JSW Energy jumps on reporting around 3-fold jump in Q1 consolidated net profit
Source: Accord Fintech
22/07/2022 2:30:03 PM
JSW Energy shines as its arm gets LoA for 300 MW of wind capacity from SECI JSW Energy is currently trading at Rs. 232.15, up by 4.40 points or 1.93% from its previous closing of Rs. 227.75 on the BSE. The scrip opened at Rs. 231.25 and has touched a high and low of Rs. 234.30 and Rs. 231.25 respectively. So far 18117 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 167.25 on 14-Jul-2021. Last one week high and low of the scrip stood at Rs....
JSW Energy shines as its arm gets LoA for 300 MW of wind capacity from SECI
JSW Energy shines as its arm gets LoA for 300 MW of wind capacity from SECI
Source: Accord Fintech
14/07/2022 10:10:23 AM
JSW Energy shines on reporting many fold jump in Q4 consolidated net profit JSW Energy is currently trading at Rs. 312.20, up by 6.85 points or 2.24% from its previous closing of Rs. 305.35 on the BSE. The scrip opened at Rs. 318.00 and has touched a high and low of Rs. 320.60 and Rs. 309.00 respectively. So far 144847 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 106.50 on 04-May-2021. Last one week high and low of the scrip stood at Rs...
JSW Energy shines on reporting many fold jump in Q4 consolidated net profit
JSW Energy shines on reporting many fold jump in Q4 consolidated net profit
Source: Accord Fintech
4/05/2022 11:47:16 AM
JSW Energy soars as its arm enters into MoU with Telangana Government JSW Energy is currently trading at Rs. 349.00, up by 9.05 points or 2.66% from its previous closing of Rs. 339.95 on the BSE. The scrip opened at Rs. 347.40 and has touched a high and low of Rs. 354.00 and Rs. 346.30 respectively. So far 5457 shares were traded on the counter. The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 99.00 on 22-Apr-2021. Last one week high and low of the scrip stood at Rs. ...
JSW Energy soars as its arm enters into MoU with Telangana Government
JSW Energy soars as its arm enters into MoU with Telangana Government
Source: Accord Fintech
22/04/2022 9:46:19 AM
JSW Energy inches up as its arm commences operations at solar plant in Karnataka JSW Energy is currently trading at Rs. 340.60, up by 1.55 points or 0.46% from its previous closing of Rs. 339.05 on the BSE. The scrip opened at Rs. 341.90 and has touched a high and low of Rs. 345.90 and Rs. 333.25 respectively. So far 6180 shares were traded on the counter. The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 85.65 on 07-Apr-2021. Last one week high and low of the scrip stood at Rs. ...
JSW Energy inches up as its arm commences operations at solar plant in Karnataka
JSW Energy inches up as its arm commences operations at solar plant in Karnataka
Source: Accord Fintech
7/04/2022 11:05:15 AM
Technical Stock Idea - Buy JSW Energy Ltd For Target Rs.1800 - Monarch Networth Capital JSW Energy Ltd Prices were in strong momentum since March 2020 till Oct 2021 and then it went into 4 months of consolidation in the form of “Symmetrical triangle” formation and have recently broken out of the resistance line. Prices are well sustained above 200 EMA marked with (dark black line) and it will act as immediate support to invalidate complete formation. Momentum oscillator “Relative strength Index” (RSI) is gaining strength as it is sustaining above...
Technical Stock Idea - Buy JSW Energy Ltd For Target Rs.1800 - Monarch Networth Capital
Technical Stock Idea - Buy JSW Energy Ltd For Target Rs.1800 - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
14/02/2022 12:20:13 PM
JSW Energy surges on getting long-term credit rating upgraded by India Ratings JSW Energy is currently trading at Rs. 307.00, up by 4.20 points or 1.39% from its previous closing of Rs. 302.80 on the BSE. The scrip opened at Rs. 304.95 and has touched a high and low of Rs. 308.45 and Rs. 300.05 respectively. So far 10042 shares were traded on the counter. The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 70.10 on 09-Feb-2021. Last one week high and low of the scrip stood at Rs....
JSW Energy surges on getting long-term credit rating upgraded by India Ratings
JSW Energy surges on getting long-term credit rating upgraded by India Ratings
Source: Accord Fintech
8/02/2022 1:15:29 PM
Sell JSW Energy Ltd For Target Rs.175 - ICICI Securities Benefited from merchant sales JSW Energy’s (JSWEL) Q3FY22 consolidated revenues, EBITDA, reported PAT came in at Rs18.9bn, Rs7.9bn, Rs3.2bn (+17.7%, +31%, +162% YoY) respectively. Net generation was 2.5% lower YoY as thermal generation declined 5% while hydro increased 13%. JSWEL benefited from higher exchange prices due to its low-cost thermal coal inventory and 13% untied capacity. Short-term sales in Q3FY22 were up 3.5% YoY at 323MUs, and contributed a staggering Rs2.1bn additiona...
Sell JSW Energy Ltd For Target Rs.175 - ICICI Securities
Sell JSW Energy Ltd For Target Rs.175 - ICICI Securities
Source: ICICI Securities Ltd
28/01/2022 10:16:04 AM
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities Key News Sony loses $20 bn in market value on Microsoft's Activision Blizzard deal Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced a $69 billion deal to acquire games publisher Activision Blizzard Inc. The blockbuster acquisition escalates Microsoft’s spending spree to secure intellectual property assets for its Xbox Game Pass service, wiping $20 billion off Sony’s valuati...
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities
Source: ARETE Securities Ltd
20/01/2022 9:24:54 AM
JSW Energy shines on reporting over 2-fold jump in Q3 consolidated net profit JSW Energy is currently trading at Rs. 316.95, up by 13.15 points or 4.33% from its previous closing of Rs. 303.80 on the BSE. The scrip opened at Rs. 300.20 and has touched a high and low of Rs. 318.95 and Rs. 293.00 respectively. So far 71902 shares were traded on the counter. The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 69.00 on 02-Feb-2021. Last one week high and low of the scrip stood at Rs...
JSW Energy shines on reporting over 2-fold jump in Q3 consolidated net profit
JSW Energy shines on reporting over 2-fold jump in Q3 consolidated net profit
Source: Accord Fintech
19/01/2022 3:34:50 PM
Sell JSW Energy Ltd For Target Rs. 156 - ICICI Securities Grey and green businesses to be reorganised JSW Energy’s (JSWEL) Board has approved the reorganisation of the company’s green and grey businesses. Its RE business (operational: 1,391MW hydro & 10MW solar; under construction: 240MW hydro & 2,218MW of solar + wind) will be housed under a new wholly-owned subsidiary – JSW Neo Energy. The thermal business (3,158MW) will continue to be part of JSWEL. Other green ventures – energy storage, green hydrogen, green am...
Sell JSW Energy Ltd For Target Rs. 156 - ICICI Securities
Sell JSW Energy Ltd For Target Rs. 156 - ICICI Securities
Source: ICICI Securities
3/01/2022 2:43:26 PM
Key News - Reliance Industries Ltd, TTK Prestige Ltd, ITC Ltd, Terracis Technologies Ltd, JSW Energy Ltd, Bharti Airtel Ltd By ARETE Securities Key News Reliance, Aramco call off $15-bn deal amid valuation differences: Report Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due to valuation concerns. Talks broke down over how much Reliance's oil-to-chemicals (O2C) business should be valued as the world seeks to move away from fossil fuels and reduce emissions, they said. Instead, Reliance will now focus on signing m...
Key News - Reliance Industries Ltd, TTK Prestige Ltd, ITC Ltd, Terracis Technologies Ltd, JSW Energy Ltd, Bharti Airtel Ltd By ARETE Securities
Key News - Reliance Industries Ltd, TTK Prestige Ltd, ITC Ltd, Terracis Technologies Ltd, JSW Energy Ltd, Bharti Airtel Ltd By ARETE Securities
Source: ARETE Securities Ltd
26/11/2021 9:23:04 AM
JSW Energy surges on signing wind turbine procurement contract with Senvion India JSW Energy is currently trading at Rs. 389.00, up by 8.50 points or 2.23% from its previous closing of Rs. 380.50 on the BSE. The scrip opened at Rs. 389.80 and has touched a high and low of Rs. 391.80 and Rs. 382.00 respectively. So far 5595 shares were traded on the counter. The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 399.00 on 01-Oct-2021 and a 52 week low of Rs. 54.65 on 05-Oct-2020. Last one week high and low of the scrip stood at Rs. ...
JSW Energy surges on signing wind turbine procurement contract with Senvion India
JSW Energy surges on signing wind turbine procurement contract with Senvion India
Source: Accord Fintech
5/10/2021 9:49:45 AM
Sell JSW Energy Ltd For Target Rs.130 - ICICI Securities RE focus continues JSW Energy’s (JSWEL) Q1FY22 consolidated revenue/EBITDA/reported PAT came in at Rs17.2bn/Rs7bn/Rs2bn, lower by 4.3%/6.3%/5.7% YoY (adjusted PAT up 23% YoY), respectively. Generation was up 4.3% YoY, mainly due to 13% increase in thermal while hydro generation declined 15% due to lower water availability. Net debt increased by Rs3.6bn QoQ to Rs65.6bn due to capex during the quarter and higher debtors QoQ. Commissioning of under construction RE projects will be in...
Sell JSW Energy Ltd For Target Rs.130 - ICICI Securities
Sell JSW Energy Ltd For Target Rs.130 - ICICI Securities
Source: ICICI Securities
14/09/2021 10:53:49 AM
Sell JSW Energy Ltd For Target Rs.180 - Motilal Oswal Miss on account of higher operating and finance costs Scaling up in Renewables, but current valuations capture upcoming plans * JSW Energy (JSWE)’s results reflect the impact of higher operating and finance costs, leading to lower profitability. At the consolidated level, EBITDA was down 6% YoY to INR7.0b, 7% below our estimate of INR7.5b. * The co. has set its sights on improving its Renewables footprint, with plans to reach a total of 10GW of installed capacity by FY25 (v/s...
Sell JSW Energy Ltd For Target Rs.180 - Motilal Oswal
Sell JSW Energy Ltd For Target Rs.180 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/08/2021 10:02:00 AM
JSW Energy enters into agreement with Australian Fortescue Future Industries for green hydrogen  JSW Future Energy Limited, a 100 per cent subsidiary of JSW Energy Limited has entered into an agreement with Australian Fortescue Future Industries Ltd, a 100 per cent subsidiary of Fortescue Future Industries Ltd (FFI) to collaborate and conduct scoping work on potential projects relating to the production of green hydrogen and utilizing it for green steel making, hydrogen mobility, green ammonia and other mutually agreed industrial applications in India. The collaboration will ena...
JSW Energy enters into agreement with Australian Fortescue Future Industries for green hydrogen
JSW Energy enters into agreement with Australian Fortescue Future Industries for green hydrogen
Source: IANS
29/07/2021 1:50:02 PM
Sell JSW Energy Ltd For Target Rs. 130 - ICICI Securities Capex cycle commences We interacted with the management of JSW Energy’s (JSWEL) to gain more clarity on its medium-term growth path and targets. In its quest towards becoming a 10GW capacity company by FY25 driven by renewables (and 20GW by FY30), JSWEL has a clear vision on commissioning of 2.5GW (currently under construction) by FY23 and its participation in auctions to secure the balance 3GW. Company has clarity in terms of project selection – land availability, P90 CUF leve...
Sell JSW Energy Ltd For Target Rs. 130 - ICICI Securities
Sell JSW Energy Ltd For Target Rs. 130 - ICICI Securities
Source: ICICI Securities
29/07/2021 11:24:32 AM
Tamil Nadu government to sign MoU for Rs 17,000 Cr investment on Tuesday The Tamil Nadu government will enter into a Memorandum of Understanding (MoU) with several companies at an investment conclave in Chennai on Tuesday attracting an investment of around Rs 17,000 crore. Chief Minister M.K. Stalin will lay the foundation stone ceremony of nine projects during the conclave. He will also inaugurate five other projects during the function. JSW Energy, Vikram Solar, TCS, Real estate firm CapitaLand, Avary, French company Cryolar, Cheyyar SEZ are some of the fi...
Tamil Nadu government to sign MoU for Rs 17,000 Cr investment on Tuesday
Tamil Nadu government to sign MoU for Rs 17,000 Cr investment on Tuesday
Source: Reuters
20/07/2021 10:40:25 AM
Sell JSW Energy Ltd For Target Rs. 130 - Motilal Oswal Profits benefit from back-down charges Scaling up in Renewables, but valuations well capture upcoming plans * JSW Energy (JSWE)’s results reflect the benefit of back-down charges for an erstwhile power purchase agreement (PPA) with Telangana. At the consolidated level, EBITDA was up 10% YoY to INR6.3b. * The co. has set its sights on improving its Renewables footprint, with plans to reach a total of 10GW of installed capacity by FY25 (v/s 4.5GW currently). Wins of 2.2GW (includ...
Sell JSW Energy Ltd For Target Rs. 130 - Motilal Oswal
Sell JSW Energy Ltd For Target Rs. 130 - Motilal Oswal
Source: Motilal Oswal Financial Services
12/07/2021 12:05:16 PM
jSW Energy gains despite reporting marginal fall in Q4 consolidated net profit JSW Energy is currently trading at Rs. 154.25, up by 0.35 points or 0.23% from its previous closing of Rs. 153.90 on the BSE. The scrip opened at Rs. 154.10 and has touched a high and low of Rs. 157.25 and Rs. 153.85 respectively. So far 187865 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 168.25 on 16-Jun-2021 and a 52 week low of Rs. 43.00 on 16-Jul-2020. Last one week high and low of the scrip stood at Rs....
jSW Energy gains despite reporting marginal fall in Q4 consolidated net profit
jSW Energy gains despite reporting marginal fall in Q4 consolidated net profit
Source: Accord Fintech
28/06/2021 12:49:05 PM
JSW Hydro raises $707M from Int'l Bond Markets through debut Green Bond Issue JSW Hydro Energy Limited has successfully priced a $ 707 million Fixed Rate Senior Secured Green 144A/Reg S Bond for a 10-year tenor at 4.125 per cent. The proceeds from the issuance will be used towards repayment of existing green project-related Rupee-denominated indebtedness. The Green Bond Framework for the company's debut bond transaction has been reviewed by Sustainalytics, who has issued a Second Party Opinion. The Company engaged with several investors on a global deal roads...
JSW Hydro raises $707M from Int'l Bond Markets through debut Green Bond Issue
JSW Hydro raises $707M from Int'l Bond Markets through debut Green Bond Issue
Source: IANS
11/05/2021 1:41:14 PM
JSW Energy zooms as its arm to issue USD-denominated notes JSW Energy is currently trading at Rs. 113.90, up by 3.65 points or 3.31% from its previous closing of Rs. 110.25 on the BSE. The scrip opened at Rs. 111.80 and has touched a high and low of Rs. 115.90 and Rs. 109.35 respectively. So far 648114 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.00 on 04-May-2021 and a 52 week low of Rs. 36.35 on 07-May-2020. Last one week high and low of the scrip stood at Rs....
JSW Energy zooms as its arm to issue USD-denominated notes
JSW Energy zooms as its arm to issue USD-denominated notes
Source: Accord Fintech
5/05/2021 1:43:02 PM
Key News - JSW Energy, SBI Life Insurance Company Ltd, Varun Beverages Ltd, IDBI Bank by ARETE Securities Key News JSW Energy signs PPA for 540 MW of wind power projects JSW Energy said its arm JSW Renew Energy has signed a power purchase agreement (PPA) for the supply of 540 Mw of blended wind power capacity. The PPA is signed with Solar Energy Corporation of India (SECI). The company in a statement said this is single largest PPA for wind/blended wind power capacity awarded to a company and will mark the foray of JSW in this segment. The firm won these projects in a competitive bidding do...
Key News - JSW Energy, SBI Life Insurance Company Ltd, Varun Beverages Ltd, IDBI Bank by ARETE Securities
Key News - JSW Energy, SBI Life Insurance Company Ltd, Varun Beverages Ltd, IDBI Bank by ARETE Securities
Source: ARETE Securities Ltd
4/05/2021 9:07:23 AM
JSW Energy moves up on uprating Karcham Wangtoo hydro power plant JSW Energy is currently trading at Rs. 109.85, up by 0.55 points or 0.50% from its previous closing of Rs. 109.30 on the BSE. The scrip opened at Rs. 109.60 and has touched a high and low of Rs. 111.30 and Rs. 107.50 respectively. So far 1485489 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 111.50 on 29-Apr-2021 and a 52 week low of Rs. 36.35 on 07-May-2020. Last one week high and low of the scrip stood at Rs...
JSW Energy moves up on uprating Karcham Wangtoo hydro power plant
JSW Energy moves up on uprating Karcham Wangtoo hydro power plant
Source: Accord Fintech
30/04/2021 4:28:23 PM
JSW Energy spurts on getting nod to raise Rs 175 crore via NCDs 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...
JSW Energy spurts on getting nod to raise Rs 175 crore via NCDs
JSW Energy spurts on getting nod to raise Rs 175 crore via NCDs
Source: Accord Fintech Pvt. Ltd
10/03/2021 10:43:46 AM