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JSW Energy Stock Can Rally 41% Says Motilal Oswal, Reiterates 'Buy'; Revises Target Price — Here's Why
JSW Energy’s share price has been under pressure recently, down ~18% over the past month, adds the brokerage.
16 Jan 2025, 10:12 AM IST 
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JSW Energy Ltd.’s share price has corrected ~18% over the past month amid a wider sell-off in the power utility space, which is likely attributable to the slower growth in power demand for Q3 FY25. (Photo source: Company’s website)
The recent regulatory uncertainty related to the group’s battery project has contributed to JSW Energy's share price volatility. We note that in a regulatory setback recently, the Central Electricity Regulatory Commission declined to adopt the proposed tariff for the 500MW battery energy storage project contracted with the Solar Energy Corporation of India Ltd.
