JSW Energy share price jumps as green bets pay off

JSW Energy share price lit up the markets today as it saw a slight surge, fuelled by a mix of bullish technical signals, solid earnings and optimism around its clean energy pivot. For investors eyeing the power sector’s transformation, JSW Energy is fast becoming a name that’s hard to ignore. What’s behind today’s surge? The stock traded around Rs 538, up nearly 0.2 per cent. Heavy trading volumes and a 50-day moving average breakout added to the momentum. It’s not just chart action, though. JSW’s steady profit growth, upcoming hydro capacity and plans to raise Rs 10,000 crore for green expansion have made it a market talking point. Why it matters This rally shows how investor appetite for companies with credible green energy roadmaps is heating up. Yet, with JSW Energy trading at over 2x its industry P/E and P/B, the market is alre