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HomeINVESTMENT13% Share Crash; Now Price ₹100, But Can Go To ₹150; New...

13% Share Crash; Now Price ₹100, But Can Go To ₹150; New 2,700 Crore Solar Project

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SJVN (NSE: SJVN) Share: Shares of SJVN Limited is in focus today on Wednesday. The company’s shares fell 10.81% in trading today. 

The company’s shares had reached an intraday low of Rs 98.80. Earlier on Tuesday its closing price was Rs 112.45. 

The state-owned producer of power SJVN Ltd, on Wednesday, said it received an intent letter (LOI) for an energy-efficient solar project of 500MW located in Gujarat.

The construction cost of this solar project is ₹2,700 crore.

What Did The Company Say?

In an exchange filing that was filed by the power producer in the public sector and distributor announced,

that its renewable energy division SJVN Green Energy Ltd (SGEL) is the recipient of an agreement from Gujarat Urja Vikas Nigam Ltd (GUVNL) for an energy-efficient solar project of 500MW.

In this GUVNL Phase-XXI. The 500MW power project includes 100MW and 400MW green shoe options.

It is estimated by the company that the development and construction costs of the project are around Rs 2,700 crore. 

The project will be built in GIPCL Solar Park. GIPCL Solar Park is located in Khavra, Gujarat.

Status Of Company’s Shares

SJVN shares last fell 18%. The stock rose 30% in six months. This stock has risen by 220% in a year. 

During this period, this share increased from Rs 31 to the current price. This stock has risen 310% in five years.

Here, market experts say that this stock may rise further in the coming days. According to Prabhudas Lilladher, this share can go up to Rs 146.

 Its 52-week high price is Rs 170.45. Its 52-week low price is Rs 30.39. The market capitalization that the business has is 39,769.53 crore.

About SJVN Company 

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

Market Cap₹ 39,734 Cr.
Current Price₹ 100.20
52-wk High₹ 170
52-wk Low₹30.4
Stock P/E44.5
Book Value₹ 36.5
Dividend1.75 %
ROCE9.27 %
ROE10.3 %
Face Value₹ 10.0
P/B Value2.78
OPM66.8 %
EPS₹ 2.21
Debt₹ 17,058 Cr.
Debt to Equity1.19

SJVN 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
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SJVN 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 20231.91%
Dec 20231.68%
DII Holding
Dec  20223.81%
Mar  20234.06%
June  20234.32%
Sept 20235.74%
Dec 20235.97%
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Public Holding
Dec  20227.11%
Mar  20237.41%
June  20237.41%
Sept 202311.51%
Dec 202310.51%

SJVN Share: Last 5 Years’ Financial Condition

To gain a better understanding of 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
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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%

Company’s Positive Signs:

  • The company has maintained an enviable dividend of 57.1 percent.
  • The days of the company debtors have increased by a factor of 66.0 days to 34.4 days.

Company’s Negative Signs:

  • The company has had the lowest sales growth of 5.69 percent over the past five years.
  • The company has posted an unsatisfactory return to equity (ROE) of 11.0 percent over the past three years.
  • The company may benefit from the interest expense.
  • The stock has been trading for 3.04 times the book value.

Conclusion

This article is a complete guide about SJVN Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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