JSW Energy (JSWENERGY) Shares Skyrocket 125% in a Year: Is it Time to Invest Post-Q4 Results?
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- JSW Energy’s share price rose nearly 6 per cent in early deals on BSE on Wednesday, May 8, following the company’s announcement of its March quarter results.
- The company reported a healthy year-on-year (YoY) rise in revenue and profit, with the share price opening at ₹594.85 against its previous close of ₹583.85.
- Despite some volatility, the share price jumped nearly 6 per cent to the level of ₹618.
JSW Energy’s share price sees a significant rise following the announcement of its Q4 results, with a YoY increase in revenue and profit.
JSW Energy Share Price Trend
Over the past year, JSW Energy’s share price has surged by an impressive 125 per cent, doubling investors’ wealth. The stock reached its 52-week high of ₹651.55 on April 22 this year and saw some profit booking thereafter. For the month of May so far, the stock is down nearly 7 per cent. On the monthly scale, the stock has been in the green since November 2023.
