JSW Energy Ltd (NSE: JSWENERGY): JSW Neo Energy Ltd, an affiliate that is a subsidiary of JSW Energy Ltd, has been awarded the project by SJVN Ltd.
The company claims that it received a letter of award for the solar power project that has 700 MW of capacity.
It means the business is granted permission to move forward in the direction of this project.
JSW Energy Shares Fall After The Rise
After the news, the market saw a surge in the stock that belonged to JSW Energy in early trading.
JSW Energy’s intraday high is 532.70 a gain in the range of 1.66 percent. In the past couple of days, there was an improvement in the value of shares for the company.
The stock has dropped to 504.40 at BSE. The company’s shares closed today at the price of 521.05.
SJVN Shares Increase
Recently, PM Modi has made a statement that he will put solar panels in one million homes.
Following this announcement there was an increase in stocks of companies that are involved in solar as well as related businesses.
Investors attention has also been paying attention to this area.
About JSW Energy Ltd Company
JSW Energy Limited, a power company based in India, is a large energy provider. Its power assets are thermal and renewable.
Thermal segment: production of electricity from coal, lignite, oil, and gas from owned plants and related services.
Renewables segment: Production of electricity using renewable sources like hydro, wind, and solar.
Vijaynagar is one of its plants. Others are Baspa, Barmer Karcham Wangtoo and Ratnagiri.
These plants are located in Karnataka Nandyal Maharashtra and Salboni. The company’s total operating revenue is Rs 5739.23 Crores.
The equity capital of the company is Rs 1640.54 Crores.
Fundamental Analysis of JSW Energy Ltd
| Market Cap | ₹ 86,017 Cr. |
| Current Price | ₹ 521.05 |
| 52-wk High | ₹ 537.95 |
| 52-wk Low | ₹ 204.65 |
| Stock P/E | 52.12 |
| Book Value | ₹ 121 |
| Dividend | 0.37 % |
| ROCE | 7.28 % |
| ROE | 7.22 % |
| Face Value | ₹ 10.0 |
| P/B Value | 4.14 |
| OPM | 43.4 % |
| EPS | ₹ 9.99 |
| Debt | ₹ 27,783 Cr. |
| Debt to Equity | 1.40 |
JSW Energy Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 500 | ₹ 543 |
| 2025 | ₹ 564 | ₹ 590 |
| 2026 | ₹ 622 | ₹ 654 |
| 2027 | ₹ 698 | ₹ 765 |
| 2028 | ₹ 770 | ₹ 800 |
| 2029 | ₹ 835 | ₹ 865 |
| 2030 | ₹ 900 | ₹ 932 |
JSW Energy Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 74.66% |
| Mar 2023 | 74.66% |
| June 2023 | 74.66% |
| Sept 2023 | 73.39% |
| Dec 2023 | 73.39% |
| FII Holding | |
| Dec 2022 | 5.14% |
| Mar 2023 | 5.18% |
| June 2023 | 5.18% |
| Sept 2023 | 8.38% |
| Dec 2023 | 8.50% |
| DII Holding | |
| Dec 2022 | 10.08% |
| Mar 2023 | 10.06% |
| June 2023 | 9.59% |
| Sept 2023 | 9.69% |
| Dec 2023 | 9.36% |
| Public Holding | |
| Dec 2022 | 9.86% |
| Mar 2023 | 9.84% |
| June 2023 | 10.33% |
| Sept 2023 | 8.33% |
| Dec 2023 | 8.53% |
| Others Holding | |
| Dec 2022 | 0.27% |
| Mar 2023 | 0.25% |
| June 2023 | 0.25% |
| Sept 2023 | 0.22% |
| Dec 2023 | 0.21% |
JSW Energy Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 9,138 Cr |
| 2020 | ₹ 8,273 Cr |
| 2021 | ₹ 6,922 Cr |
| 2022 | ₹ 8,167 Cr |
| 2023 | ₹ 11,400 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 684 Cr |
| 2020 | ₹ 1,081 Cr |
| 2021 | ₹ 823 Cr |
| 2022 | ₹ 1,743 Cr |
| 2023 | ₹ 1,661 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.78 |
| 2020 | 0.71 |
| 2021 | 0.5 |
| 2022 | 0.51 |
| 2023 | 1.33 |
Last 10 Years’ Profit Growth:
| 10 Years: | 2% |
| 5 Years: | 98% |
| 3 Years: | 9% |
| Current Year: | -16% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 7% |
Sales Growth Over 10 Years:
| 10 Years: | 2% |
| 5 Years: | 5% |
| 3 Years: | 8% |
| Current Year: | 13% |
Conclusion
This article is a complete guide about JSW Energy Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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