As of January 29, 2025, JSW Energy Ltd. is trading at ₹561.50, reflecting a 2.49% increase from the previous close.
Fundamental Analysis:
- Revenue and Profit: In the quarter ending September 30, 2024, JSW Energy reported a marginal rise in net profit to ₹8.53 billion, up from ₹8.50 billion in the same period the previous year. Revenue from operations increased by 0.7% to ₹32.38 billion.
- Credit Rating: India Ratings and Research has affirmed JSW Energy’s long-term rating at ‘IND AA’ with a ‘stable’ outlook, anticipating that the company’s medium-term leverage will remain within the 4.5x-5x range, despite planned debt-funded capital expenditures and recent acquisitions.
Technical Analysis:
- Price Movement: The stock has recently reached a 52-week high, indicating strong upward momentum.
- Support and Resistance Levels: Analysts suggest monitoring key support and resistance levels to inform trading strategies, as the stock has shown significant movements in recent sessions.
Recent Developments:
- Acquisitions: JSW Energy’s subsidiary has acquired three Special Purpose Vehicles (SPVs) from the Hetero Group, adding a total capacity of 125 MW to its portfolio.
Conclusion:
JSW Energy demonstrates stable financial performance and strategic growth through acquisitions. Investors should consider both the company’s fundamentals and technical indicators, along with broader market conditions, when making investment decisions.
