The stock has fallen by -15 percent in a week, -25 percent in a month, -31 percent in three months and -27 percent in a year. Whereas, the return of the stock in 3 years is 55 percent. Let us know in detail why this happened.
This company is JSW Energy. On Wednesday, January 29, 2025, the company fell by 10%. After this, a lower circuit of Rs 453.60 was hit on BSE.
Experts say that the company failed to impress investors with the December quarter results. FIIs i.e. foreign institutional investors have sold. The share was 15.37 percent in June 2024. After this, it fell to 14.92 percent in September 2024. After this, it has fallen to 14.57 percent in December 2024. Buying continues from DII i.e. domestic institutional investors. The share increased from 9.21 percent in June 2024 to 9.78 percent in September 2024. In December 2024, it has increased to 10.05 percent. Pledged shares also increased- The pledged stake of promoters was 8.5 per cent in September 2024, which increased to 9.41 per cent in the December quarter. What does JSW Energy Ltd do? JSW Energy Ltd is a leading energy production and distribution company in India, which is part of the JSW Group. This company is involved in power generation, transmission and trading and is rapidly expanding in the field of green energy in India. Power Generation Total Capacity: 7,000+ Megawatt (MW) The company generates electricity from various sources, including: Thermal Power - Coal and gas-fired plants Hydro Power - Hydroelectric plants Solar Energy - Renewable sources Wind Energy - Wind energy projects Renewable Energy - The company is expanding in green energy and has set a target of net-zero emissions by 2050. Working on 2,500+ MW solar and wind energy projects. Energy Trading - Short-term and long-term electricity trading. Buys and sells electricity through JSW Power Trading Company Limited. JSW Energy Ltd is engaged in power generation, transmission and trading in India. The company produces electricity from a combination of thermal, hydro, solar and wind energy and is rapidly moving towards green energy. Its future plans include expansion of hydrogen, battery storage, and EV charging.