Stock To Sell: Mid Cap Multibagger Power Sector Stock Gets Sell Call: HDFC Securities
Leading brokerage firm, HDFC Securities has assigned sell call to Power sector stock, JSW Energy with a target price of Rs 186 apiece. The current market price of the stock is Rs 279 apiece. Meanwhile, the analyst claims that JSW is expected to declare a net profit of Rs 322 crore, up 0.4% year on year.
JSW Energy's EBITDA (Earnings before interest, taxes, depreciation, and amortization) is expected to decline by 6.8% year on year to Rs 737 crore, stated HDFC Securities. JSW Energy has a market capitalisation of Rs 45,952 crore. Check details below:
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