SJVN share(NSE: SJVN): On Wednesday, shares of SJVN were down by 3.31% to Rs 118.25.
This share increase is partly due to the Raghnesda Solar Energy Project in Gujarat.
SJVN acquired the 100 MW project at a competitive tariff bid conducted by Gujarat Energy Development Corporation.
The tariff was Rs 2.64 for each unit. GUVNL has signed a 25-year power purchase agreement for this project.
What Are The Details?
SJVN’s subsidiary in Jammu, Jammu and Kashmir Power Corporation Limited signed a Power Usage Agreement (PUA) on February 23 for a 300 MW solar power capacity.
SJVN bought this 50 MW project following a competitive tariff bidding conducted by the Uttar Pradesh New and Renewable Development Agency.
The tariff was Rs 2.98 for each unit.
Condition Of Shares
The stock has a 52-week high of Rs 170.45 and a low price of Rs 30.39 on March 27, 2023.
Currently, the stock is trading at 27.43 % less than that high and 307.04 % above it.
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 and 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 | ₹ 46,372 Cr. |
| Current Price | ₹ 118 |
| 52-wk High | ₹ 170 |
| 52-wk Low | ₹30.4 |
| Stock P/E | 51.9 |
| Book Value | ₹ 36.5 |
| Dividend | 1.50 % |
| ROCE | 9.27 % |
| ROE | 10.3 % |
| Face Value | ₹ 10.0 |
| P/B Value | 3.23 |
| OPM | 66.8 % |
| EPS | ₹ 2.21 |
| Debt | ₹ 17,058 Cr. |
| Debt to Equity | 1.19 |
SJVN Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 112 | ₹ 134 |
| 2025 | ₹ 138 | ₹ 145 |
| 2026 | ₹ 155 | ₹ 168 |
| 2027 | ₹ 172 | ₹ 258 |
| 2028 | ₹ 300 | ₹ 315 |
| 2029 | ₹ 385 | ₹ 400 |
| 2030 | ₹ 415 | ₹ 442 |
SJVN Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 86.77% |
| Mar 2023 | 86.77% |
| June 2023 | 86.77% |
| Sept 2023 | 81.85% |
| Dec 2023 | 81.85% |
| FII Holding | |
| Dec 2022 | 2.31% |
| Mar 2023 | 1.75% |
| June 2023 | 1.40% |
| Sept 2023 | 1.91% |
| Dec 2023 | 1.68% |
| DII Holding | |
| Dec 2022 | 3.81% |
| Mar 2023 | 4.06% |
| June 2023 | 4.32% |
| Sept 2023 | 5.74% |
| Dec 2023 | 5.97% |
| Public Holding | |
| Dec 2022 | 7.11% |
| Mar 2023 | 7.41% |
| June 2023 | 7.41% |
| Sept 2023 | 11.51% |
| Dec 2023 | 10.51% |
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 |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.17 |
| 2020 | 0.16 |
| 2021 | 0.15 |
| 2022 | 0.52 |
| 2023 | 1.01 |
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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
