JSW will only consider pithead plants, that is those that are located near coal mines with assured supplies.
Total income in the latest quarter was Rs 2,018.16 crore, up from Rs 1,879.01 crore a year ago.
The market was critical about the foray into electric vehicles which was not its core and not yet fully understood even by the biggest players in this space.
The company is said to be eyeing assets in the power sector, both within and outside the insolvency courts
The stock is currently trading at 14 times its FY19 estimated earnings, which is quite reasonable in the light of cash on its books, moderate financial leverage and strong expected earnings growth.
Total revenue increased to Rs 2,491.8 crore from Rs 2,081.14 crore, registering a growth of 19.73 percent.
Empirical evidence suggests in each of the past three election years, Nifty50 and Nifty500 have generated returns in excess of 11 percent and 18 percent, respectively
This is the verbatim transcript of JSW Energy management call with analysts.
The company had posted a profit of Rs 297 crore in the same period a year ago.
The company in May had announced plans to set up a 1,000-MW solar photovoltaic (PV) panel manufacturing facility at Vijayanagar in Karnataka and to install 200 MW of solar power systems in the current fiscal
the US-based carmaker is in advanced talks with JSW Energy to sell the Pune facility valued at around Rs 3,000-3,500 crore.
JSW Energy had earlier said that the tax liabilities should be deducted from its cash offer, which then was about Rs 5,900 crore.
The shareholders had passed this resolution on July 13, 2017, but raised Rs 500 crore.
JM Financial recommended hold rating on JSW Energy with a target price of Rs 72 in its research report dated July 27, 2018.
Edelweiss recommended hold rating on JSW Energy with a target price of Rs 72 in its research report dated July 27, 2018.
JSW Energy's net generation during June quarter dropped to 6,086 million units (MU) over 6,400 MU in the year-ago period.
Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 19.8 percent Q-o-Q) to Rs. 2,125.8 crore, according to Kotak.
A special resolution to raise up to Rs 5,000 crore of secured/unsecured redeemable convertible debentures in one or more tranche on private placement basis in listed on the agenda of the company's annual general meeting on August 6, a BSE filing said.
Rajat Bose of rajatkbose.com recommends buying Havells India with stop loss below Rs 534 for targets of Rs 546 and Rs 553 and a buy also on Varun Beverages with stop loss below Rs 712.90 and targets are Rs 738 and Rs 750.
The said loan was advanced for acquisition of a power plant of Jaiprakash Power Ventures Ltd (JPVL). The deal was however terminated, JSW Energy said in a statement.