This Energy Stock is in Light as It Announces Plans to Build a 1600 MW Plant in West Bengal

The Energy Stock, JSW Energy are in focus since the company became a part of West Bengal’s Chief Minister Mamata Banerjee’s plan for a 1,600 MW ultra-supercritical thermal power plant at Salboni in Paschim Medinipur district.

Today, on 21st April 2025, the Chief Minister, “Mamata Banerjee”, has laid the foundation stone of this project, which will consist of two units of 800 MW each. The total investment cost of this project is an average of Rs 16000 crore, and it will be built by JSW Energy.

Read: Wind Energy Stock Jump 5% After Securing India’s Single Largest Wind Order

Share Price Insight of JSW Energy

On 17 April 2025, JSW Energy opened at ₹511.00 from its previous close of ₹509.70. Throughout the trading day (17 April 2025), the price of the stock faced many ups and downs, with a single-day high of ₹516.60, and it closed at ₹507.90.

On 21 April, JSW Energy opened at ₹510.90 from its previous close of ₹507.90, and went up by 2.65%, which was an expected move. 

JSW Energy Stock Latest News (21 April 2025)

As of the writing of this article, JSW Energy plans to commission two wind blade plants by the end of this year (2025). JSW Energy’s Joint MD and CEO, Sharad Mahendra, stated that the company has taken this decision to reduce imports.

Apart from this, the company also has big news of the construction of 1600 MW Salboni Power Plant, the foundation stone of which has already been laid today by West Bengal Chief Minister Mamata Banerjee.

JSW Energy Share Performance for 5 Days, 1 Month, and 6 Months:

In the last 5 days, JSW Energy has given a 6.05% return, while in the last 1 month, it has given a negative return of 6.65%. 

In 6 months, the price has fallen by  23.67%, and the stock price is still 35% below the 52-week high.

Latest Shareholding Pattern of JSW Energy

PerticularsJune 2024Sep. 2024Dec. 2024March. 2025
Promotors69.32%69.32%69.32%69.26%
FIIs15.37%14.92%14.57%13.43%
DIIs9.21%9.78%10.05%10.94%
Public5.90%5.81%5.92%6.21%
Others0.19%0.15%0.15%0.14%

Abou JSW Energy

JSW Energy, which is a part of the JSW Group, is engaged in the energy business to produce power through thermal and renewable.

The company’s power assets are located in Karnataka, Maharashtra, Nandyal, and Salboni.

Disclaimer: This article is intended solely for educational use. Information about the companies referenced may evolve over time. The securities mentioned serve as examples and should not be considered investment recommendations.

Leave a Comment