JSW Energy Shares decline 3.48% after Q4 results PAT rises 29% to Rs 351 crore, declares dividend of Rs 2 per share

JSW Energy Shares: JSW Energy Share Price on NSE/BSE

JSW Energy Shares declared its Q4 FY24 result On Tuesday May 7 in which Profit after Tax (PAT) was up by 29% and reached Rs 351 crore which was Rs 282.03 crore in the previous quarterly result. On Wednesday, when the session started in the morning, JSW Energy shares showed a good jump of up to 6% when the company showed good performance in the results of Q4 FY24, after that some decline has been seen in the stock.

JSW Energy shares rose a maximum of 6% to Rs 617 on NSE during the day. And after that it traded 2.48% lower in which it declined to Rs 573.05 which was 0.15% till 11:00 AM. And now till 2.30 PM there has been a decline of 3.64% in JSW Energy Shares.

JSW Energy Q4 FY24 result Highlights

• The company has declared dividend of Rs 2 per equity share.
• JSW Energy shares revenue increased by 3.2% to Rs 2,755.9 crore from Rs 2,669.9 crore in the previous year
• EBITDA also increased by 58% to Rs 1,178.5 crore from Rs 745.3 crore in the last year
• Company margin increased by 42.8% which was 27.9% last year
• net profit has increased by 22% to Rs 345.3 crore which was Rs 281.1 crore last year

Financial Metrices of JSW Energy Shares

Today JSW Energy shares today opens at Rs 592.00 and the high of JSW Energy shares for the day was Rs 617.95 and low for the day was Rs 562.30. Total market capitalization of JSW Energy shares is Rs 98.32LCr. JSW Energy stock 52-week high record of Rs 650.00 and the stock’s 52-week low is Rs 240.00.

Currently the JSW Energy is providing dividend yield of 0.35% and on the other hand, it is providing the sector dividend yield of 1.32% and now JSW Energy Ltd has announced in its Q4 FY24 result that they are providing dividend yield of Rs 2 per equity share. PE ratio of JSW Energy shares is 64.63 and sector PE ratio is 28.19. PB ratio of stock is 5.94 and sector PB ratio is 3.86. JSW Energy stock is showing good signs of profitability and efficiency. JSW Energy stock is overpriced but not in an overbought zone.

Peer comparison of JSW Energy Stock

This peer comparison is between JSW Energy Stock and its other competitive banking sectors stocks. In this we can see comparison of JSW Energy stock and other company’s PE ratio, its last year performance and how experts have given their recommendations regarding these stocks. Before making any financial investment consult with your financial expert. JSW Energy is a power company which mainly works in the generation of power and sale of power.

Financial History of JSW Energy Stock

JSW Energy shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). If we check financial growth history of JSW Energy stock, it has given a return rate of 725.85% in the last 5 years and it has given return rate of 111.65% in the last 1 year. In the last 6 months, JSW Energy Ltd stock has given return rate of 44.46% to its shareholders and now if we talk about Financial Year 24, it has performed very well in the last 1 month and has given negative return rate of -9.35%.

JSW Energy shares have not shown any special performance in its revenue rate in the last 5 years, its revenue growth rate was quite weak. In the last 5 years, JSW Energy revenue growth has been weaker than industry growth. The industry revenue growth rate was 12.11% and JSW Energy revenue growth rate was 4.89% and JSW Energy market share has also decline from 5.83% to 4.06% and net income has grown at a yearly rate of 80.11% as compared to the average rate of 26.12%.

About JSW Energy Ltd

JSW Energy Ltd is an Indian power company which mainly works in power generation, its transmission, sales and trading. JSW Energy Ltd was founded in 1994, its headquarters is in Mumbai, Maharashtra, India. JSW Group is the parent company of JSW Energy Ltd. Products of JSW Energy Ltd are Electricity generation and transmission, Hydroelectricity, Energy trading, Mining, Power plant equipment manufacturing. More than 1000 employees work here. Sajjan Jindal is Chairman of JSW Energy Ltd and Prashant Jain is JMD & CEO of this company.

JSW Energy Share Price Target for 2024

Share Price Target of JSW Energy for 2024 could be predicted on various factors. This depends upon mainly market trends. For 2024 share price target could be below or above RS 710.00. This might be cross this target price if the market remains bullish.

JSW Energy Share Price Target for 2025

Share Price Target of JSW Energy for 2024 could be predicted below or above Rs 950.00. But make sure before investing take advice from your financial expert because this is just prediction which is based on previous company’s performance and after studying various brokerage opinions and after research on it.

JSW Energy Share Price Target for 2026

Share Price Target of JSW Energy for 2024 could be predicted below or above Rs 1215.00.

JSW Energy Share Price Target for 2030

Share Price Target of JSW Energy for 2024 could be predicted Rs below or above 3450.00.

Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.

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