May 4, 2018 / 4:04 AM / 2 months ago

BUZZ-India's JSW Energy falls on March-quarter loss

** Integrated power company JSW Energy Ltd falls as much as 6.3 pct to 76.65 rupees, in its biggest intraday pct drop since March 19

** Co posted March-qtr loss of 4.83 bln rupees ($72.46 mln) on Thursday

** Co’s earnings continue to disappoint, say Macquarie analysts

** Macquarie analysts maintain “underperform” rating with TP of 56 rupees

** Co raised its capex guidance for non-core investments, but Macquarie is concerned about such high capital commitment, analysts write

** Twelve of the 23 brokerages covering stock rate it “sell” or lower, five “buy” or higher and six “hold”; median PT 72.50 rupees - Thomson Reuters Eikon ($1 = 66.6600 Indian rupees)

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