The shares of a prominent power player within the JSW Group, which focuses on power generation through both thermal and renewable sources, are in focus after the company successfully added 159 MW of greenfield wind power capacity in the current quarter.
Share Price Movement
The shares of JSW Energy Ltd, with a total market capitalization of Rs 82,800 Crores on Tuesday, reached an intraday high of Rs 482.8 per share, gaining around 2 percent in the morning trade session. However, around 1:00 pm, the shares had retreated from the day’s high and were trading on a flatter trend at Rs 473.75 per share against the previous close of Rs 142.35.
The shares of JSW Energy Ltd generated a return of 40 percent in the past three years and a stellar return of 723.3 percent in the past five years.
What Happened
The company informed in a press release dated March 4, 2025, that it has added 159 MW of greenfield wind power capacity in the quarter so far, which results in a total operational capacity of 8,400 MW.
With this strategic capacity addition well ahead of the wind season, the company is all set to meet the increased energy demand during the upcoming peak demand season while contributing significantly to a sustainable power supply.
After this capacity addition, the total operational wind capacity of the company stands at 2,826 MW. JSW Energy has been expanding its renewable energy portfolio and has an 8.0 GW capacity under construction. The company is also planning to achieve a total installed generation capacity of 20 GW well before FY2030.
Financials
The company reported a slight decline of 4.09 percent YoY in Revenue from Operations from Rs 2,543 Crores in Q3FY24 to Rs 2,439 Crores in Q3FY25. Their Net Profits also decreased by 32 percent YoY from Rs 232 Crores to Rs 157 Crores over the same period.
Also read: Bharat Dynamics & 3 other defence stocks jumps up to 7% after surge in global military spending
Significant Deals
In February 2025, the company was granted a letter of award from West Bengal State Electricity Distribution Company Limited for the development and operation of a 1,600 MW thermal power plant. Furthermore, JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has entered into a renewable energy power purchase agreement with Amazon for the supply of 180 MW of wind power.
Recent Developments
Recently, the company acquired O2 Power, which added 4,696 MW of capacity, and acquired 125 MW wind projects from Hetero Labs and Hetero Drugs Ltd. It also received a Letter of Intent from the Resolution Professional for 3,600 MW KSK Mahanadi Thermal Power Plant.
Target Price
The Brokerage firm JM Financial has given a “Buy” rating on JSW Energy shares with a target price of Rs 659 per share, which implies an upside potential of 39 percent from yesterday’s closing price.
About JSW Energy Ltd
JSW Energy Ltd is one of India’s leading private-sector power producers, with a strong presence across the entire power sector value chain, including power generation and transmission. The company has a total power generation capacity of 8,400 MW, consisting of 3,508 MW from thermal power, 2,826 MW from wind, 1,391 MW from hydel, and 675 MW from solar energy.
Written By Adhvaitha Nayani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
