JSW Energy gets a raise in target price to Rs 500 as Jefferies sees grow!
Wed, Sep 20, 2023 10:53 AM

JSW Energy gets a raise in target price to Rs 500 as Jefferies sees grow!

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Jefferies has reaffirmed its 'buy' rating on JSW Energy and increased the target price to Rs 500 per share. This reflects their confidence in the company's growth potential, with the expected commissioning of a 700-MW merchant capacity, improved renewable energy capacity, and development of green hydrogen plants and energy storage batteries. These developments lead them to forecast a 41% CAGR.

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