Why Is JSW Energy Share Price Falling Today? Power Stock Crashes 8% Despite Strong Q3 Result | Target Price

JSW Energy Share Price Today: Shares of JSW Energy Limited crashed nearly 8% during Tuesday's intraday trade despite the company reporting strong 150% year-on-year jump in Q3FY26 profit.

JSW Energy shares were trading 7.64% lower at Rs 442 per share on BSE with a market capitalisation of Rs 77,251.37 crore at 11:22 am. The stock had dipped to an intraday low of Rs 433.20 per share and an intraday high of Rs 477.40 per share.

Why Is JSW Energy Share Price Falling Today?

A host of reasons could have sparked investors' concern around JSW Energy's share price, including a decline in standalone revenue, below-expected capacity expansion, and subdued earnings expectations in the financial year 2026-27, according to Motilal Oswal report released on Tuesday, January 27.

As per the report, key investors' concerns include moderation of RE bidding activity and other factors. "JSWE commissioned only 125MW of RE capacity while maintaining 2HFY26 guidance of 1.5GW, and earnings are expected to remain subdued in FY26-27 amid heavy capitalisation of new assets."

JSW Energy Share Price Recommendation

The brokerage has given a 'Buy' recommendation for JSW Energy stock, indicating a strong upside potential. Although the company missed Motilal Oswal's revenue estimate by 13% due to weaker than expected generation at Ratnagiri, Barmer and KSK Mahanadi plants. However, the company's core business is likely to remain in line with consensus.

JSW Energy Share Price Target

Motilal Oswal gave a target price of Rs 594 per share, indicating a 24% upside in its valuation. "Reiterate BUY with a TP of INR590, valuing the company's core renewable business at 12x FY28E EBITDA and its thermal business at 9x Dec'27E EBITDA," added Motilal Oswal in its report.

JSW Energy Q3 Result Recap

The company had reported a net consolidated profit (attributable to owners of the company) of Rs 419.94 crore in Q3FY26, up around 150% on a YoY basis to Rs 167.8 crore in Q3FY25. The company's net consolidated revenue from operations to Rs 4081.76 crore in Q3 against Rs 2438 crore in the year-ago period.

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