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HomeINVESTMENTBuy This ₹141 Government Share For The Next 3 Months; Stock Ready...

Buy This ₹141 Government Share For The Next 3 Months; Stock Ready To Rise Again

Power PSU Stocks to BUY: Power sector companies are again seeing action. If you are a short-term investor, then the brokerage has advised you to buy the stock of Miniratna company SJVN Ltd (NSE: SJVN) for the next 3 months. 

The stock has been rising continuously for the last 3 trading sessions. On the final trading day of this week, the stock ended at 142 rupees. It has given 225% return in 1 year.

SJVN Ltd Share Price Target

Brokerage house has advised to buy this stock for the next 3 months. The brokerage advised that investors would buy the stock in the range of 129 to 133 rupees.

The target is Rs 151 and the stoploss is Rs 122. Let us tell you that in the bull run that has been going on for three days, this stock has reached from Rs 131 to Rs 142. In such a situation, new investors can take fresh positions if there is any kind of pullback.

SJVN Ltd Share Price History

On 5 February 2024, SJVN stock made an all-time high of Rs 171. After that, correction and consolidation were seen in this stock. 

For the last 3 days, there have been signs of a breakout with tremendous volume which will help in keeping the price uptrend. In such a scenario there could be an opportunity for investors with a short-term perspective.

The 20-day EMA i.e. exponential moving average has crossed the 50-day EMA which shows the uptrend. The stock has jumped 8 percent this week.

SJVN Ltd Stock Performance

Current Price₹ 142
52-wk High₹ 170 
52-wk Low₹ 45.2
5 Days Return8.23%
1 Month Return6.27%

Key Fundamentals Parameters

Market Cap₹ 55,870 Cr.
Stock P/E65.7
Book Value₹ 35.8
Dividend1.24 %
ROCE4.98 %
ROE6.09 %
Face Value₹ 10.0
P/B Value3.97
OPM70.1 %
EPS₹ 2.32
Debt₹ 20,323 Cr.
Debt to Equity1.44

SJVN Ltd Shareholding Pattern

Promoters Holding
June 202386.77%
Sept 202381.85%
Dec 202381.85%
Mar 202481.85%
Jun 202481.85%
FII Holding
Jun 20231.40%
Sep 20230.91%
Dec 20231.68%
Mar 20242.36%
Jun 20242.40%
DII Holding
Jun 20234.32%
Sep 20235.74%
Dec 20235.97%
Mar 20243.36%
Jun 20243.94%
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Public Holding
Jun 20237.50%
Sep 202311.51%
Dec 202310.51%
Mar 202412.42%
Jun 202411.83%

SJVN Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 2,703 Cr
2021₹ 2,485 Cr
2022₹ 2,417 Cr
2023₹ 2,938 Cr
2024₹ 2,579 Cr

Last 5 Years’ Net Profit:

2020₹ 1,567 Cr
2021₹ 1,646 Cr
2022₹ 990 Cr
2023₹ 1,359 Cr
2024₹ 911 Cr

Conclusion

This article provides a detail guide about SJVN Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience, and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

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