JSW Energy Ltd Share Price (JSWENERGY)

JSW Energy Acquires Wind Project; Coal-Based Plants Directed to Operate at Full Capacity - 15 Apr, 2024

JSW Energy acquires a wind power project from Reliance Power to expand its renewable energy portfolio. Meanwhile, the Ministry of Power has directed 15 imported coal-based power plants, including JSW Ratnagiri, to operate at full capacity till October 15 to avoid electricity shortage amid rising demand in India.

JSW Energy Sees Share Price Jump and Acquires Renewable Energy Project - 13 Apr, 2024

JSW Energy's share price has jumped 34% in the last month, with EPS expected to grow by 44% next year. The company's subsidiary, JSW Neo Energy, has acquired a 45 MW wind-based renewable energy project from Reliance Power Limited in Maharashtra as part of its goal to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030.

JSW Energy's EPS Declines by 20% Despite Rise in Share Price - 10 Apr, 2024

JSW Energy's weak earnings report has led to a rise in share price, but the company's EPS has declined by 20%, indicating the impact of dilution on shareholders. The expansion of shares on issue by 6.3% over the last year has resulted in net income being split between a greater number of shares.

JSW Energy Completes Rs 5,000 Crore QIP, Plans Capacity Expansion - 09 Apr, 2024

JSW Energy completes a successful Rs 5,000 crore QIP, which was oversubscribed 3.2 times, strengthening its capital structure and enabling ambitious growth plans. The company aims to increase its generation capacity to 20 GW and achieve carbon neutrality by 2050. Stock volumes surged to 3.92 times the two-week average.

JSW Energy Raises Rs 5,000 Crore Through QIP Issue - 08 Apr, 2024

JSW Energy has raised Rs 5,000 crore through a qualified institutional placement (QIP) to fund expansion plans and achieve carbon neutrality by 2050. The company reported Q3 2024 results with revenue of ₹25.4b, up 13% YoY and net income of ₹2.31b, up 29% YoY. JSW Energy's shares hit a record high, climbing 5.63% intraday to Rs 632.35.

JSW Energy Raises INR 5,000 Crore Through QIP - 07 Apr, 2024

JSW Energy has raised INR 5,000 crore through a Qualified Institutional Placement (QIP) to accelerate its growth plans and reach 20 GW generation capacity by 2030. The company aims to achieve carbon neutrality by 2050.

JSW Energy Raises Rs 5,000 Crore Through QIP for Growth Plans - 06 Apr, 2024

JSW Energy has completed a successful Rs 5,000-crore Qualified Institutions Placement (QIP) with strong interest from global investors. The proceeds will be used for the prepayment of debt and investment in JSW Neo Energy. This is the largest primary equity raise in the Indian power sector in the last decade.

JSW Energy to Raise up to Rs 5,000 Crore via QIP - 05 Apr, 2024

JSW Energy plans to raise up to Rs 5,000 crore through qualified institutional placement (QIP) of equity in one or more tranches at a floor price of Rs 510. The fundraise will help reduce the company's consolidated net debt and bring down its debt-to-EBITDA ratio from 4x to about 3.5x. JSW Energy aims to achieve almost 10 GW of capacity by 2024-end with most of the incremental capacity addition in green energy generation.

JSW Energy Plans to Raise Funds Through QIP Process - 03 Apr, 2024

JSW Energy Ltd announces its plan to raise ₹5,000 crore via a Qualified Institutional Placement process and the opening of the QIP program at a floor price of Rs 510.09 per share.

JSW Energy Board Approves Fundraising Plan - 02 Apr, 2024

JSW Energy's board has approved raising up to Rs 5,000 crore through a qualified institutional placement (QIP) in one or more tranches. The company hit a 52-week high at Rs 543.80 on the BSE and closed over 4% higher at Rs 542 on NSE.

JSW Energy Board to Consider Fund Raising Plan - 28 Mar, 2024

JSW Energy's board is set to meet on April 2 to consider raising funds through eligible securities. The company reported an increase in revenue and net profit for Q3FY24 and aims to double its power generation capacity by FY30.

JSW Group Explores Acquisition of Brookfield Renewables Portfolio; JSW Energy Board to Consider Fundraising - 27 Mar, 2024

JSW Group is exploring the acquisition of Brookfield Renewables' 1.6 GW portfolio in India, while JSW Energy's board will meet to consider fundraising through various methods.

JSW Energy Acquires Wind Project from Reliance Power - 26 Mar, 2024

JSW Energy's subsidiary, JSW Renewable Energy (Coated), has acquired a 45 MW wind project in Maharashtra from Reliance Power for Rs 132 crore. The acquisition will help the firm achieve its renewable-led capacity growth target of 20 GW before FY 2030. The stock gained 2.5% and approached a 52-week high.

JSW Energy Not Mentioned in Delhi Capitals Ownership - 24 Mar, 2024

While the JSW Group owns a 50% stake in Delhi Capitals, there is no mention of JSW Energy's involvement. The group's listed companies have a combined market capitalization of approximately $25.77 billion.

JSW Subsidiary Acquires Wind Project from Reliance Power - 23 Mar, 2024

JSW Neo Energy subsidiary, JSW Renewable Energy (Coated), has acquired Reliance Power's Vashpet Wind Project for Rs. 132 crores. Meanwhile, JSW Energy's ROE for the trailing twelve months to December 2023 is 8.3%, lower than industry average of 9.6%.

JSW Energy Acquires Wind Power Projects from Reliance Power - 22 Mar, 2024

JSW Energy has given a binding offer to acquire Reliance Power's wind power projects for Rs 130-135 crore. Additionally, its subsidiary, JSW Renewable Energy, is set to acquire a 45 MW wind power project in Maharashtra from Reliance Power for Rs 132 crore.

JSW Neo Energy Wins Additional Wind Capacity; Jefferies Predicts Upside Potential - 18 Mar, 2024

JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has won an additional 500 MW wind capacity from SECI, bringing its cumulative capacity to 1,000 MW. The company projects to reach 9.8 GW of installed capacity by CY24. Jefferies predicts significant upsides over five years due to the company's three-fold jump in power capacity to 20GW by FY30 and rising renewable share.