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    Buy JSW Energy, target price Rs 73: Motilal Oswal

    Synopsis

    JSW Energy Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 10743.82 Crore) operating in Power sector.

    JSW Energy (1)ETAuto
    Promoters held 74.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 5.9 per cent, DIIs 8.3 per cent and public and others 11 per cent.
    Motilal Oswal has buy call on JSW Energy with a target price of Rs 73. The current market price of JSW Energy Ltd. is Rs 66.4.

    JSW Energy Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 10743.82 Crore) operating in Power sector.

    Financials
    For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 1938.57 Crore, up 7.39 % from last quarter Sales of Rs 1805.15 Crore and down -8.50 % from last year same quarter Sales of Rs 2118.55 Crore Company reported net profit after tax of Rs 349.62 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 74.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 5.9 per cent, DIIs 8.3 per cent and public and others 11 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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