JSW Energy shares surge 2%; check here why

By Aditya Bhagchandani Published on March 28, 2024, 10:19 IST

Shares of JSW Energy surged nearly 2% after the announcement of a Board Meeting scheduled for April 2, 2024, to consider a fund-raising proposal.

JSW Energy’s board is set to convene on April 2 to deliberate on a proposal for raising funds through the issuance of eligible securities of the company via private offerings or on a preferential allotment basis.

As of 10:17 am, the shares were trading 1.42% higher at ₹524.00.

About the company:

JSW Energy Limited is an Indian power company engaged in power generation, transmission, and trading. It is part of the JSW Group.

JSW Energy

Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.