₹110 Share Got Project From NHAI ; President Holding 55%; Governor Holding 26%
On Saturday the share saw a surge of 11% on the share, and it ended at 110.65. This week, the firm unveiled the signing of a major contract.
Following this, there is a chance that it will increase its prices on Tuesday too. On Monday, SJVN said that it had entered into the terms of an arrangement in partnership with NHAI to offer technical advisory services for highway projects.
This agreement was formalized in the nation’s capital in the presence of NHAI Chairperson Santosh Kumar Yadav and SJVN Director (Projects) Sushil Sharma, SJVN announced in a press release.
What Did The Company’s Statement Say?
In the document, SJVN Chairman and Managing Director Nand Lal Sharma stated that the company had signed a Memorandum of Understanding (MoU) with the National Highways Authority of India (NHAI).
The principal goal of the MoU is to leverage the experience of SJVN in technical consulting services.
SJVN said SJVN will be reviewing slope protection projects to NHAI projects across various hilly areas within Himachal Pradesh.
In addition, SJVN will undertake a technical review of the NHAI’s designs & monitor construction activities, and, if required conduct tests to ensure quality and suggest construction methods.
The counseling service will be offered initially for two years.
The Condition Of Shares
The company’s shares currently trading at 110. In the past six months, the company has witnessed a rise of as high as 95%. The stock has increased by 225% over a year.
In the last year, the price of this product has increased from Rs 34 all the way and now it is at the price of. The stock has increased by 335% over five years.
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 | ₹ 42,697 Cr. |
| Current Price | ₹ 110 |
| 52-wk High | ₹ 116 |
| 52-wk Low | ₹ 30.4 |
| Stock P/E | 41.1 |
| Book Value | ₹ 36.5 |
| Dividend | 1.62 % |
| ROCE | 9.27 % |
| ROE | 10.3 % |
| Face Value | ₹ 10.0 |
| P/B Value | 3.04 |
| OPM | 67.0 % |
| EPS | ₹ 2.59 |
| 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% |
Though SJVN is a Government-owned company, the promoter of the company is the government. Currently, The President Of India has a 55% stake and the Governor Of Himachal Pradesh has a 26.85% stake in this compan
| 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 | ₹ 2,609 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,367 Cr |
| 2020 | ₹ 1,567 Cr |
| 2021 | ₹ 1,646 Cr |
| 2022 | ₹ 990 Cr |
| 2023 | ₹ 1,016 Cr |
| 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: | -20% |
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: | -5% |
Company’s Positive Signs:
- The company has maintained a good 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.
Conclusion
This article is a complete guide about SJVN 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.
