SJVN is an Indian public sector undertaking engaged in hydroelectric power generation and transmission. Also known as Sutlej Jal Vidyut Nigam, it was started with a single project and single state operation.
It was incorporated as Nathpa Jhakri Power Corporation in 1988, later renamed as Satluj Jal Vidyut Nigam Limited in 2002. It was a joint venture between the Government of India and the Government of Himachal Pradesh.
It is a company owned by the Government of India and the Government of Himachal Pradesh, with the Government of India holding approximately 59.92% and the Government of Himachal Pradesh holding approximately 26.85%.
The company itself is a very large company as it has two hydroelectric plants of its own – Nathpa Jhakri and Rampur through which it has a total operational hydroelectric capacity of about 1912 MW. In addition, it has an installed capacity of 97.6 MW of wind power and 81.9 MW of solar power.
It has three subsidiaries which are SJVN Arun-3 Power Development Company Private Limited (SAPDC), SJVN Thermal Private Limited (STPL) and SJVN Green Energy Limited (SGEL).
SJVN Share price target 2023, 2025, 2028,2030,2040
We here at financesharetargets. in is going to provide you the approximate information about stock forecast, price forecast and target for 2023, 2024, 2025, 2030 and 2040 please note one thing that this forecast, prediction or any target is given by our analysis only suggestion.
It is almost impossible for any forecast/prediction to be correct. Errors always exist in any analysis, but we try our best to give you good price stock predictions/predictions.
SJVN share price target 2023
If we look at the share price of SJVN on NSE, the company has given a return of about 8.75% since September, whereas if we look at the returns of the last 5 years of the company, the company has given a return of about 115.41%, which is very good.
In this way, the company has given good returns to its shareholders for many consecutive years, and from the way continuous increase can be seen in the share price of the company, it can be estimated that the first target for SJVN share price target 2023. ₹70 and second target can be achieved at ₹90.
SJVN share price target 2028
SJVN operates its large generation capacity smoothly, the Company’s Nathpa Jhakri Hydro Power Station with an installed capacity of 1500 MW in Shimla district and Rampur Hydro Power Station with an installed capacity of 412 MW in Kullu district of Himachal Pradesh.
Operates smoothly. Along with this, the company also operates the Khirvire Wind Power Project in Ahmednagar district of Maharashtra with a capacity of about 47.5 MW. In this way, looking at the continuous good work and development of the company,
it can be expected that the company can grow more in the coming times, due to which the share price of the company can also increase and along with this SJVN Share Price Target 2028 The first target can be at ₹200 and the second target can be at ₹230.
SJVN share price target 2030
In addition to its core business, the company is also engaged in providing consultancy services and project management services in the field of Hydroelectric Projects, Highway Tunnels, Railway Tunnels etc.
In this way, the company is moving towards its development through all these features, from which it can be expected that in the coming time the company will look stronger, due to which the share price of the company will increase as well as get better returns.
Looking at this, according to our analysis, the first target for SJVN Share Price Target 2030 can be at ₹ 270 and the second target at ₹ 320.
SJVN share price target 2040
As SJVN with its large and strong production capacity currently has presence in more than 10 states in India namely Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gujarat, Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh.
Operating power projects in the state. In this way, the company is doing its operations in a big way, seeing which it can be inferred that in the coming time, the company can expand further, due to which the share price of the company will increase further in the coming time.
Better returns can also be expected considering that according to our analysis SJVN share price target for 2040 can be at ₹500 and second target at ₹550.