Shares of JSW Energy rose by 4.8% after Morgan Stanley gave an ‘overweight rating’ with a target price of Rs 545. The brokerage cited strong market share gains and projected an EBITDA CAGR of 24% for FY24-28. JSW Energy’s renewable energy segment is expected to grow EBITDA by 52%. Despite recent profit declines, the stock showed a modest yearly increase.
Margin pressure to continue, banks with improved fee income will fare better: Rajneesh Karnatak, Bank of India
Internationally, we are present in 15 countries – US, UK, France, Belgium, Singapore, Japan, New Zealand and Africa, and so on. The GDP in these