JWL wins Uttarakhand BESS project, gets Jeerat LoA in West Bengal

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JWL · price

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹223.70

prior close

₹219.74

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.4%-0.8% vs market

Industrial Manufacturing peers, median of 144sector · industry level-0.5%+0.1% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.1 pts more than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+3.1

15m

+2.8

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.4-0.8-0.5+0.1

Next day

+0.3+1.8-1.5+0.6-0.3

+0.0+1.9-1.9+0.3-0.3

-3.3-0.6-2.7-2.0-1.2

-4.0-0.1-3.9-1.5-2.5

-5.2+1.0-6.3-1.5-3.7

-6.3+1.4-7.7-0.9-5.4

15d

-21.0-3.7-17.3-6.8-14.3

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UpDownMarket · Nifty Smallcap 250Sector · Industrial Manufacturing peers, median of 144Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JWL's energy arm JEM Energy won a 41 MW/102.5 MWh BESS project in Uttarakhand from UPCL, worth about INR 100 crore, with Madhav Infra. JWL also received the Letter of Award from WBSEDCL for a 50 MW/200 MWh BESS project at Jeerat in West Bengal. Company reiterated its INR 1,000 crore BESS order book target by FY27, with JEM expected to turn EBITDA positive in Q3 FY27 and profitable by FY28.

Likely market impact

Strengthens JWL energy storage portfolio, supports INR 1,000 crore BESS order book target by FY27, positive for growth.