JSW Energy shares slipped over 5% to Rs 514.15 on the BSE in early trade on Monday after the company reported a 17% YoY decline in consolidated net profit to Rs 705 crore for Q2 FY26, compared with Rs 853 crore a year ago. Revenue from operations, however, rose 60% YoY to Rs 5,177 crore, … Read more
Markets ended the week on a strong note, with the Nifty 50 scaling a fresh 52-week high amid supportive global and domestic cues. Looking ahead, participants will react to the quarterly results of heavyweights Reliance Industries, HDFC Bank, and ICICI Bank in early trade on Monday, which could dictate market direction. “Technically, the Nifty’s prevailing … Read more
JSW Energy on Friday reported a 17% fall in its consolidated Q2 net profit at Rs 705 crore versus Rs 853 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the parent. The company’s revenue from operations in the quarter under review stood at Rs 5,177 crore, which … Read more
JSW Energy on Thursday reported a consolidated net profit growth of 16% to Rs 408 crore in Q4FY25 versus Rs 351 crore reported in the year ago period. The company’s revenue from operations in the March-ended quarter stood at Rs 3,189 crore, which was also up nearly 16% versus Rs 2,755 crore in the corresponding … Read more
The utilities sector is undergoing a transformative shift, driven by a growing emphasis on renewable energy, decarbonization, and infrastructure modernization. With increasing electricity demand due to rapid urbanization, industrial expansion, and government-led electrification initiatives, the sector is set for significant long-term growth. Policy support has been instrumental in shaping this transition, with ambitious renewable energy … Read more
JSW Energy will wait for all regulatory clearances before committing acquisition funds for KSK Mahanadi Power and is seeking legal opinion on the subject as it awaits the anti-trust watchdog’s nod for its debt resolution roadmap. The National Company Law Tribunal (NCLT) has already given its approval to the JSW bid. “JSW is likely to … Read more
Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport CorporationTransport Corporation of India announced that it will conduct its first-ever … Read more
The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more
Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more
Indian headline indices ended with small gains but scripted a strong turnaround from the day’s lows where S&P BSE Sensex fell by over 450 points while Nifty was down by over 130 points. India VIX, a measure of volatility, was at 12.07, down 5.09% on Wednesday. The overall market sentiment remains bullish on Thursday, and … Read more