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HomeSHARE MARKET1185% Bumper Return; Share Price Only ₹22; Share Target ₹39 And ₹52;...

1185% Bumper Return; Share Price Only ₹22; Share Target ₹39 And ₹52; Do You Have?

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JP Power shares (NSE: JPPOWER): Shares of Jaiprakash Power Ventures Limited (JP Power) were in focus today. The company’s shares continued to rise for the fifth consecutive session. 

Jaypee Power stock today rose 5 percent to hit a 52-week high of Rs 22.94. This stock has risen 23 percent in five sessions. 

This stock has climbed 215% in six months. It’s up 50% so far this year YTD. 

At the same time, this share has increased by 1,185.29% in five years. At this time, the price of Re 1 has increased to its current price. December quarter results.

December Quarter Results

The company reported a net profit of Rs 172.85 crore in the December quarter (Q3 FY24), compared to Rs 68.66 crore in September (Q2 FY24). In the same quarter of FY23 (Q3), there was a loss in the amount of Rs. 217.97 crore.

“Jaypee Power’s support will be Rs. 21 and its resistance Rs. 26. After moving above Rs 26 levels, the stock may move towards Rs 28,” said Patel of Anand Rathi.

Tips2Trades said, “JP Power stock price looks bullish but on the daily chart it is overbought with next resistance at Rs 23.3. As the price closed below Rs 19, investors should take profits now. If this happens, there could be a rise of up to Rs 15.5 in the near term.” 

We would like to inform you that the BSE as well as the NSE have put the securities of JP Power in the ASM (Additional Surveillance Measures) framework for the long term.

About Jaiprakash Power Ventures Limited Company 

Jaiprakash Power Ventures Limited is an Indian power company that was incorporated on December 21, 1994. The main activities of the company include hydro and thermal energy production, cement grinding, and captive coal mining.

The company also operates a superthermal power station of 1320 MW at Nigrie in District Singrauli (M.P.). The Company operates a Jaypee Vishnuprayag Hydro Electric Plant of 400 megawatts in District Chamoli (Uttarakhand) and a 1320 MW Jaypee Nigrie Super Thermic Power Plant in District Singrauli, (M.P.).

The Company operates a Cement Grinding Unit in Singrauli (M.P. ). The company has different markets in different units or states, such as Madhya Pradesh and Uttar Pradesh.

There are several companies within the company, such as Jaypee Powergrid Limited and Jaypee Arunachal Power Limited.

Fundamental Analysis of Jaiprakash Power Ventures Limited

Market Cap₹ 15,459 Cr.
Current Price₹ 22.6
52-wk High₹ 23
52-wk Low₹ 5.15
Stock P/E30.7
Book Value₹ 15.6
Dividend0.00 
ROCE5.16 %
ROE0.57 %
Face Value₹ 10.0
P/B Value1.40
OPM26.2 %
EPS₹ 0.57
Debt₹ 4,407 Cr.
Debt to Equity0.41

Jaiprakash Power Ventures Limited Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹39₹52
2025₹53₹57
2026₹60₹68
2027₹70₹85
2028₹90₹126
2029₹145₹155
2030₹165₹200
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Jaiprakash Power Ventures Limited Shareholding Pattern

Promoters Holding
Dec 202224.00%
Mar 202324.00%
June 202324.00%
Sept 202324.00%
Dec 202324.00%
FII Holding
Dec 20223.67%
Mar 20234.97%
June 20234.70%
Sept 20234.65%
Dec 20235.14%
DII Holding
Dec 202222.15%
Mar 202322.19%
June 202322.15%
Sept 202321.62%
Dec 202320.46%
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Public Holding
Dec 202250.18%
Mar 202348.85%
June 202349.15%
Sept 202349.74%
Dec 202350.41%

Jaiprakash Power Ventures Limited Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 3,892 Cr
2020₹ 3,284 Cr
2021₹ 3,302 Cr
2022₹ 4,625 Cr
2023₹ 6,628 Cr

Last 5 Years’ Net Profit:

2019₹ -367 Cr
2020₹ -2,147 Cr
2021₹ 281 Cr
2022₹ 107 Cr
2023₹ 389 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20192.64
20200.92
20210.81
20220.77
20230.72

Last 10 Years’ Profit Growth:

10 Years:-16%
5 Years:15%
3 Years:15%
Current Year:402%

Last 10 years’ Return on Equity (ROE):

10 Years:-5%
5 Years:-4%
3 Years:1%
Last Year:1%

Sales Growth Over 10 Years:

10 Years:9%
5 Years:3%
3 Years:21%
Current Year:14%

Conclusion

This article is a complete guide about Jaiprakash Power Ventures Limited Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: ₹393 Share Now Only ₹30; State Bank Made A Profit Of Rs 3360 Crore In A Day

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