JSW Energy’s shares experienced a surge following a robust Q1 performance, with net profit climbing 42.4% to Rs 743 crore, fueled by increased renewable and thermal power generation. Revenue soared by 78.6%, and EBITDA nearly doubled, driven by significant capacity additions, including the acquisition of Mytrah Energy.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment