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.
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The dollar is heading for a steady week and next week’s quarterly loss due to concerns over tariffs slowing U.S. growth, affecting yields, stocks, and
March 28, 2025