JSW Energy Gets A 'Buy' From Motilal Oswal On Strong Pipeline, Opportunistic Acquisitions; Sees 20% Upside

Stocks To Buy: The brokerage values JSW Energy's core business at 15x FY27 Ebitda, reflecting its strong performance, market position, the stake in JSW Steel is valued at a 25% discount to the CMP

Stocks to Buy: (Image source: JSW Energy website)

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Motilal Oswal Report

Stocks To Buy:

We continue to reiterate Buy on JSW Energy Ltd. with an SoTP-based target price of Rs 810/share. We remain optimistic, based on-

  1. the strong visibility of the capacity rising to ~14 GW by end-FY27 from 7.7 GW currently,

  2. the ability to undertake and turnaround opportunistic acquisitions (Ind-Barath, Mytrah, and now KSK Mahanadi), and

  3. the robust balance sheet that allows for sustainable capital investment.

Click on the attachment to read the full report:

Motilal Oswal JSW Energy Update.pdf
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Also Read: 'Buy' Reliance Industries Says Yes Securities, Sees 18% Upside; Here's Why

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