JSW Energy Ltd.

JSW Energy is currently trading at Rs. 77.10, up by 0.85 points or 1.11% from its previous closing of Rs. 76.25 on the BSE.

The scrip opened at Rs. 76.25 and has touched a high and low of Rs. 77.30 and Rs. 75.80 respectively. So far 144170 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.85 on 02-Jul-2014 and a 52 week low of Rs. 35.40 on 19-Aug-2013.

Last one week high and low of the scrip stood at Rs. 77.40 and Rs. 73.55 respectively. The current market cap of the company is Rs. 12644.82 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 11.46% and 13.54% respectively.

JSW Energy is reportedly in talks to buy JP Power’s Bina and Nigrie thermal power units. Bina Thermal Power Plant has a capacity of 500 MW may have an Enterprise Value of Rs 3,500 crore, while Nigrie power project could command a valuation of over Rs 9,000 crore.

JSW Energy is in talks to replace Jaiprakash Associates (JAL) from the 49:51 joint venture with Madhya Pradesh State Mining Corporation (MPSMCL) for the coal requirements of the Nigrie power plants.

JSW Energy is the holding company for the JSW group’s power business having operational capacity of 2,600 Mega-Watts consolidated.