back to top
HomeSHARE MARKET₹127 Share Got Contract To Complete Rs 2,700 Crore Solar Power Generation...

₹127 Share Got Contract To Complete Rs 2,700 Crore Solar Power Generation Project; Multibagger Again?

green energy
Hot Stocks Alert Join

SJVN Ltd (NSE: SJVN) Share Price: Strong fluctuations are being seen in the shares of SJVN, a government company with Miniratna status. In the last trading session, the company’s shares was trading at Rs 127.10 with a gain of 7.12 percent. 

However, yesterday strong profit recovery was seen in the company’s shares. Recently, SJVN has been awarded a contract to complete a solar power generation project. 

Gujarat State Energy Development Corporation Limited has issued a Letter of Intent to SJVN Green Energy Limited, the renewable energy arm of SJVN Company, to set up a 500 MW solar power plant.

The project’s total cost is Rs 27.00 billion. The project will be developed at GIPCL Solar Park in Khavra, Gujarat state. 

Earlier, SJVN Green Energy Limited Company had won the project of 500 MW capacity from Gujarat State Energy Development Corporation Limited through tariff-based competitive bidding on January 25, 2024.

The project has been awarded to SJVN on a BOT basis at the rate of Rs 254 per unit.

Shares of SJVN, a government company with Miniratna status, have given returns of more than 265 percent to its investors in just one year.

About SJVN Ltd 

SJVN Ltd. (Satluj Jal Vidyut Nigam Limited) was established on May 24, 1988, by way of a joint venture between the Government of Himachal Pradesh and the Government of India. 

It’s involved in the generation and selling power to plan, research, and organize, then execute and run. 

It manages Hydroelectric power projects as well as ventures in Thermal and Wind Power Generation. 

The business is located in Himachal Pradesh. It has projects in the states of Uttrakhand, Bihar, Rajasthan, and Arunachal Pradesh, as well as in Nepal and Bhutan. 

Its operations are focused on projects that include the production of thermal energy, solar power, wind power, and transmission of power.

Fundamental Analysis of SJVN Ltd

Market Cap₹ 48,965 Cr.
Current Price₹ 127.10
52-wk High₹ 170 
52-wk Low₹ 30.4
Stock P/E54.8
Book Value₹ 36.5
Dividend1.42 %
ROCE9.27 %
ROE10.3 %
Face Value₹ 10.0
P/B Value3.42
OPM66.8 %
EPS₹ 2.21
Debt₹ 17,058 Cr.
Debt to Equity1.19

SJVN Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 126₹ 162
2025₹ 165₹ 194
2026₹ 200₹ 212
2027₹ 215₹ 245
2028₹ 300₹ 315
2029₹ 385₹ 400
2030₹ 415₹ 442
Hot Stocks Alert Join

SJVN Ltd Shareholding Pattern

Promoters Holding
Dec 202286.77%
Mar 202386.77%
June 202386.77%
Sept 202381.85%
Dec 202381.85%
FII Holding
Dec 20222.31%
Mar 20231.75%
June 20231.40%
Sept 20230.91%
Dec 20231.68%
DII
Dec 20223.81%
Mar 20234.06%
June 20234.32%
Sept 20235.74%
Dec 20235.97%
Hot Stocks Alert Join
Public Holding
Dec 20227.11%
Mar 20237.41%
June 20237.50%
Sept 202311.51%
Dec 202310.51%

SJVN Ltd 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₹ 2,645 Cr
2020₹ 2,703 Cr
2021₹ 2,485 Cr
2022₹ 2,417 Cr
2023₹ 2,600 Cr

Last 5 Years’ Net Profit:

2019₹ 1,367 Cr
2020₹ 1,567 Cr
2021₹ 1,646 Cr
2022₹ 990 Cr
2023₹ 868 Cr
Hot Stocks Alert Join

Last 5 Years’ Debt-To-Equity Ratio:

20190.17
20200.16
20210.15
20220.52
20231.01

Last 10 Years’ Profit Growth:

10 Years:3%
5 Years:3%
3 Years:-1%
Current Year:-34%

Last 10 years’ Return on Equity (ROE):

10 Years:12%
5 Years:12%
3 Years:11%
Last Year:10%

Sales Growth Over 10 Years:

10 Years:6%
5 Years:6%
3 Years:3%
Current Year:-6%

Conclusion

This article is a complete guide about SJVN Ltd 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. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

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

If you like this information, share the article with as many people as possible.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here