SENSEX NIFTY
Jan 15, 2013, 11.57 AM IST | Source: Moneycontrol.com

JSW Energy gains 1.6% on green nod for HP Power project

JSW Energy rallied as much as 1.6 percent in early trade on Tuesday on getting green nod for its HP power project.

JSW Energy rallied as much as 1.6 percent in early trade on Tuesday on getting green nod for its HP power project.

The Times of India reported that the company has received forest clearance for its planned 240 MW hydropower project in Himachal Pradesh.

"The project, being set up at an estimated cost of about Rs 2,000 crore, was awarded to the company in 2007 but has not taken off due to lack of clearances. This would be the maiden hydropower venture of the Sajjan Jindal-led company which has an operational capacity of 2,600 MW and aims to scale up capacity to 11,770 MW," the report added.

Another news - A meeting of the board of directors of JSW Energy will be held on January 23, 2013 to consider the unaudited financial results for the quarter / nine months ended December 31, 2012.

At 11:07 hours IST, the stock rose 0.81 percent to Rs 68.60 on Bombay Stock Exchange.

Also Read
SpiceJet up 6% on a likely stake sale to Qatar Air
Bull's Eye: Buy Essar Oil, HDIL, DCB, Voltas
Pfizer considers purchase of India's Agila Specialties - report

JSW Energy stock price

On April 27, 2015, JSW Energy closed at Rs 106.65, down Rs 8.15, or 7.1 percent. The 52-week high of the share was Rs 126.40 and the 52-week low was Rs 50.85.


The company's trailing 12-month (TTM) EPS was at Rs 6.01 per share as per the quarter ended March 2015. The stock's price-to-earnings (P/E) ratio was 17.75. The latest book value of the company is Rs 42.70 per share. At current value, the price-to-book value of the company is 2.50.

READ MORE ON  JSW Energy
Set email alert for

ADS BY GOOGLE

video of the day

Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.