Shares of JSW Energy Ltd hit their record high in early deals today its arm JSW Neo Energy received a letter of award from NTPC for setting up a 700 MW solar project. JSW Energy stock gained 4.02% to Rs 651.55 against the previous close of Rs 626.35 on BSE. The multibagger stock has rallied 152.25 per cent in a year and gained 56.29 per cent in 2024.
The company said that the meeting of the Board of Directors is scheduled on September 28 to consider and approve a proposal for raising further capital.
Multibagger stock: The stock of the power equipment major, which closed at Rs 302.65 on August 6, 2020, ended at Rs 3660.35 in the previous session (August 4, 2023 on BSE.