ICICI Securities has reiterated its BUY recommendation on JSW Energy (JSWE), revising the 12-month target price to Rs 612, reflecting a 26% upside from the current market price of Rs 487.
Emkay Global has maintained a BUY recommendation on Mahanagar Gas Ltd (MGL), projecting a target price of Rs 1,700, representing a potential upside of 20.6% from the current levels.
As more & more outdated, polluting, & unsustainable energy sources fade into history, energy in its most traditional form has become cheap to produce from renewables.
Adani Green Energy Ltd (AGEL) has reported a robust set of Q4FY25 numbers, with a 31% YoY rise in EBITDA and 44% growth in power sales, driven by higher operational capacity and improved plant util