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Buy JSW Energy Ltd. target Rs 88.0 : Kunal Bothra

ETMarkets.com|
Dec 01, 2017, 12.03 PM IST
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Kunal Bothra of Independent Analyst has buy call on JSW Energy Ltd. with a target price of Rs 88.0 . The current market price of JSW Energy Ltd. is Rs 86.2 Time period given by analyst is Intra Day when JSW Energy Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 81
JSW Energy Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 13735.46 Crore) operating in Power sector.

JSW Energy Ltd. key Products/Revenue Segments include Power which contributed Rs 3823.31 Crore to Sales Value (94.61 % of Total Sales), Sale of services which contributed Rs 152.78 Crore to Sales Value (3.78 % of Total Sales), Lease & Other Income which contributed Rs 62.91 Crore to Sales Value (1.55 % of Total Sales), Lease Rentals which contributed Rs 62.91 Crore to Sales Value (1.55 % of Total Sales) and Other Operating Revenue which contributed Rs 1.97 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Consolidated sales of Rs 2049.04 Crore, down -8.18 % from last quarter Sales of Rs 2231.64 Crore and up 2.03 % from last year same quarter Sales of Rs 2008.24 Crore Company has reported net profit after tax of Rs 296.83 Crore in latest quarter. The company's top management includes Mr.Chandan Bhattacharya, Mr.Jyoti Kumar Agarwal, Mr.Nirmal Kumar Jain, Mr.Prashant Jain, Mr.Rakesh Nath, Mr.Sajjan Jindal, Mr.Uday Chitale, Ms.Shailaja Chandra, Ms.Sheila Sangwan, Ms.Tanvi Shete. Company has Lodha & Co. as its auditoRs As on 30-09-2017, the company has a total of 1,640,054,795 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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