Introduction:
Leading green energy firm has acquired a 100% stake in Virya Infrapower Private Limited, securing a ready renewable power site. This strategic move aims to accelerate project development and expand its clean energy portfolio, reinforcing its commitment to sustainable growth.
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Share price movement of JSW Energy:
On March 13, 2025, JSW Energy Ltd opened at ₹518.45, up 0.57% from its previous close of ₹515.50. The stock reached a high of ₹523.45 (1.54%) and a low of ₹515.70. By 11:26 AM, it traded at ₹517.70, a 0.43% increase, with a market cap of ₹90,481.97 crore.
JSW Neo Energy Acquires Virya Infrapower for Renewable Expansion:
JSW Neo Energy Limited, a subsidiary of JSW Energy, has acquired a 100% stake in Virya Infrapower Private Limited. The acquisition aims to enhance JSW’s renewable energy portfolio by securing a ready site with necessary infrastructure for accelerated project development.
The transaction, valued at ₹7.54 crore, was completed through a share purchase agreement, with the acquisition being fully cash-based. Virya Infrapower, incorporated in 2014, is engaged in renewable energy development but has reported no operational revenue in the past three years.
This strategic move strengthens JSW Energy’s presence in India’s renewable power sector, aligning with its expansion goals. The acquisition is expected to facilitate faster execution of clean energy projects, supporting India’s transition towards sustainable energy solutions.
Recent news on JSW Energy:
As of February 01, 2025, JSW Energy reported a 27% YoY decline in Q3 net profit to ₹168 crore due to lower thermal and hydropower revenues. Revenue fell slightly to ₹2,640 crore, while EBITDA dropped 9% to ₹1,115 crore.
Stock performance of JSW Energy for Period of 1 week, 6 months, and 1 year:
JSW Energy gained 3.12% over the past week, showing short-term strength. However, its six-month return stands at -32.9%, reflecting challenges in the sector. Over the past year, the stock recovered, delivering an 11.7% gain, highlighting long-term resilience.
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Shareholding pattern of JSW Energy:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 69% | 69% | 69.30% |
| FII | 14.60% | 14.90% | 15.40% |
| DII | 10.10% | 9.80% | 9.20% |
| Public | 5.90% | 5.80% | 5.90% |
| Others | 0.10% | 0.20% | 0.20% |
About JSW Energy:
JSW Energy Ltd (NSE: JSWENERGY) is engaged in power generation across Karnataka, Maharashtra, Nandyal, and Salboni. It leads JSW Group’s power business and operates joint ventures in mining and turbine manufacturing, driving sustainable energy solutions in India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
