Buy JSW Energy, price target Rs 84: Jayesh Bhanushali

INSUBCONTINENT EXCLUSIVE:
Jayesh Bhanushali of IIFL has a buy call on JSW Energy Ltd
with a target price of Rs 84.0
The current price of JSW Energy Ltd
is Rs 78.55
Jayesh Bhanushali recommended to keep a stoploss at Rs 74.5
JSW Energy Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 12900.74 Crore) operating in Power sector
JSW Energy Ltd
key Products/Revenue Segments include Power which contributed Rs 4884.38 Crore to Sales Value (95.42 % of Total Sales), Sale of services
which contributed Rs 169.58 Crore to Sales Value (3.31 % of Total Sales), Lease Rentals which contributed Rs 61.32 Crore to Sales Value
(1.19 % of Total Sales) and Other Operating Revenue which contributed Rs 3.05 Crore to Sales Value (0.05 % of Total Sales)for the year
ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2118.55 Crore, down -12.17 % from last quarter Sales
of Rs 2412.17 Crore and down -12.84 % from last year same quarter Sales of Rs 2430.76 Crore Company has reported net profit after tax of Rs
347.84 Crore in latest quarter
Nath, Mr.Sajjan Jindal, Mr.Sattiraju Seshagiri Rao, Mr.Sharad Mahendra, Mr.Sunil Goyal, Ms.Rupa Devi Singh
Company has Deloitte Haskins - Sells LLP as its auditoRs As on 30-09-2019, the company has a total of 1,641,921,425 shares outstanding.