We initiate coverage of JSW Energy Limited (JSWE) with a BUY recommendation and a target price of Rs 800/share, implying a potential upside of 26% from the CMP.

Number of FII/FPI investors increased from 515 to 521 in Dec 2024 qtr.

JSW Energy Ltd.

31 Dec 2024

493.95

2.42%

JSW Energy Limited

Buy: JSW Energy Ltd.

Hem Securities

JSW Energy Ltd. has an average target of 673.00 from 5 brokers.

JSW Energy Ltd.

28 Dec 2024

493.95

2.42%

O2 Power acquisition unlocks value

Buy: JSW Energy Ltd.

Target

Motilal Oswal

JSW Energy (JSWE) announced a definitive agreement to acquire O2 Power Midco Holdings Pte. Limited, O2 Energy SG Pte. Limited, and their subsidiaries (O2 Power) for a total cash consideration of INR124.68b. We view this move positively,

Number of FII/FPI investors increased from 515 to 521 in Dec 2024 qtr.

JSW Energy Ltd.

30 Oct 2024

493.95

2.42%

JSW ENERGY LIMITED

Hold: JSW Energy Ltd.

Target

Geojit BNP Paribas

JSW Energy Ltd. is trading below all available SMAs

JSW Energy Ltd.

24 Oct 2024

493.95

2.42%

EBITDA miss but capacity ramp-up plans on track

Buy: JSW Energy Ltd.

Target

Motilal Oswal

JSW Energy (JSWE) reported 2QFY25 EBITDA of INR16.8b, below our estimate of INR19.3b. While net generation was up 14% YoY, EBITDA was negatively affected by lower merchant spreads and a one-time tariff impact from the hydro business.

JSW Energy Ltd. has an average target of 673.00 from 5 brokers.

JSW Energy Ltd.

22 Jul 2024

493.95

2.42%

Strong accretion in renewables portfolio

Hold: JSW Energy Ltd.

Target

ICICI Securities Limited

JSW Energy (JSWE) has reported operating profit (EBITDA) of INR 14.2bn, up 16% YoY in Q1FY25, aided by new capacity addition - thermal at 0.4GW and renewables at 0.5GW and an increase in hydro power plant generation (+61% YoY).