JSW Energy Share Price Surges 3.3% After Morgan Stanley Sets Rs 545 Target
JSW Energy share price increased 3.3% to Rs 484 on February 21, continuing its four-day rally. Morgan Stanley maintained an ‘overweight’ rating with a price target of Rs 545, indicating a 16.5% upside. Despite the recent surge, JSW Energy stock has declined 27% since the start of 2025. The company is expanding its thermal and renewable energy business, with a projected 24% EBITDA CAGR over FY24–28. Q3 FY25 net profit dropped 27% year-over-year due to lower revenue from thermal and hydroelectric facilities.Key Highlights:Morgan Stanley’s Optimism Drives JSW Energy Stock Rally:Analysts Back JSW Energy’s Strong Market Position:Q3 FY25 Earnings: Profit Decline Due to Lower Thermal and Hydro RevenueStock Performance and Outlook:Morgan Stanley’s Optimism Drives JSW Energy Stock R...