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/E | 44.5 |
| Book Value | ₹ 36.5 |
| Dividend | 1.75 % |
| ROCE | 9.27 % |
| ROE | 10.3 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.78 |
| 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 | ₹ 126 | ₹ 162 |
| 2025 | ₹ 165 | ₹ 194 |
| 2026 | ₹ 200 | ₹ 212 |
| 2027 | ₹ 215 | ₹ 245 |
| 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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