A Sajjan Jindal firm that returned 1,900% in 4 years is now eyeing ‘green’ bucks
Sajjan Jindal, chairman and managing director, JSW Group; image credit: Company
Synopsis
JSW Energy’s share price, which was languishing at INR35 in 2020, has skyrocketed to INR700. Now the company wants green energy to have a bigger play contributing two-thirds to its total capacity by 2030.
At one point, many thought of it as a minnow struggling against the current. But Sajjan Jindal’s JSW Energy learnt how to ride the tide and proved its critics wrong. The company’s share price, which was languishing at INR35 in 2020, has skyrocketed to INR700, registering a meteoric rise of over 1,900% in the last four years. This powerhouse performance has got the big boys of the equity market roll up their sleeves. Foreign institutional