JSW Energy Limited Share Price: Shares of JSW Energy hit an all-time high today. Shares of the company have seen a rise due to the work received by JSW Neo Energy. It is a subsidiary of JSW Energy. Let us tell you that the shares of the company were trading around 745 rupees with a rise of more than 3 percent in BSE at 3 o’clock.
This PSU company received Rs. 3500 crore work can be done, increase in shares
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The company’s stock hit a 52-week high
Shares of the company opened at Rs 731.35 on BSE on Monday. Shortly after, the company’s shares jumped more than 3 percent to Rs. An intra-day high of 750 was touched. Let us tell you that the company’s 52-week low in BSE is Rs 256.40. And the market cap of the company is Rs. 1,31,082.63 crores.
JSW Neo Energy has said it has bagged a 300 MW wind-solar hybrid power project. After this work the total capacity of the company has increased to 13.6 GW. At the same time, the company hopes to have 9.8 GW installed by the end of this year.
The company raised funds in 2024
After the listing, JSW will raise Rs. 5000 crore was collected. The company used this money to repay loans and invest in JSW Neo.
Strong return of 185% in 1 year
This renewable energy stock has been performing well for the past year. The company’s share price has increased by 185 percent during this period. At the same time, investors who have held the stock for 6 months have gained 82 percent year-to-date. Let us tell you that JSW Energy has given 21 percent return in one month.
The total share of promoters in the company is about 70 percent. At the same time, the public has about 8 percent stake.