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JSW Energy Shares Rated New `Underweight' at Morgan Stanley on Outlook

By Shiyin Chen -

JSW Energy Ltd. was rated “underweight” in new coverage at Morgan Stanley, which cited “slow” capacity growth and its exposure to imported coal.

Parag Gupta and Saumya Srivastav, analysts at Morgan Stanley, have a share-price estimate of 96 rupees for JSW Energy.

To contact the reporter on this story: Shiyin Chen in Singapore at schen37@bloomberg.net

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