Jefferies has turned upbeat on JSW Energy after a strong September quarter, maintaining a Buy rating and setting a target price of Rs 700 per share. This implies an upside of nearly 30% from the current market level.

The brokerage said JSW Energy’s consistent operational performance, expanding capacity, and disciplined financial management makes its FY26 capacity target of 15 GW firmly within reach. “The company’s strong execution and rising renewable contribution continue to reinforce long-term growth visibility,” Jefferies wrote in its latest note.

JSW Energy share price closed in red, down by 1.4% at Rs 540 level on October 17.

Jefferies on JSW Energy: 15 GW capacity goal within sight

Jefferies’ report titled “Strong Qtr; FY26E 15 GW Capacity Target on Track” said JSW Energy ’s S

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