NEW DELHI – Shares of JSW Energy NSE 0.38 % added almost 3 per cent in Friday’s session after Life Insurance Corporation of India (LIC) acquired more than two per cent stake in the company via open market transactions, increasing shareholding to 9.01 per cent from 7 per cent earlier.
JSW Energy’s scrip touched a high of Rs 308 as against Rs 299.35 at the previous close on the National Stock Exchange.
In July-September, JSW Energy reported a 3.7 per cent dip in its consolidated net profit to Rs 339 crore.