SJVN Limited, a leading player in the public sector, is catching the attention of investors despite a recent dip in its share price. On Friday, December 27, 2024, the stock closed at ₹107, down by 1.50%. However, market experts remain bullish on its long-term prospects.
Expert Insights: SJVN in Top Stock Picks for 2025
Domestic brokerage firm SMC Global Securities has listed SJVN among its top 10 stock picks for 2025. Based on robust technical and fundamental parameters, the firm anticipates a potential upside of 15–30% from current levels.
- Target Price: SMC Global forecasts SJVN’s share price to reach ₹134 within the next 8–10 months, reflecting over 20% growth.
- Key Growth Drivers:
- The company plans to expand its capacity from 8.1 GW to an additional 18.6 GW through tenders.
- By FY 2024-25, SJVN is expected to enhance its capacity by 1,800 MW, with further expansions in the pipeline.
Investment in Renewable Energy
SJVN’s ambitious capital expenditure plans are aligned with its renewable energy goals:
- FY 2025: ₹9,000 crore is earmarked, primarily for renewable capacity expansion via SJVN Green Energy.
- FY 2026-27: Capex is projected to rise to ₹13,000 crore, fueling long-term growth and profitability.
Financial Performance: Steady Growth
SJVN’s Q2 FY 2024-25 results highlight its stability and resilience:
- Net Profit: ₹439.90 crore, nearly unchanged from ₹439.64 crore in the same quarter last year.
- Total Income: Grew significantly to ₹1,108.43 crore, up from ₹951.62 crore year-over-year.
Why SJVN is a Strong Contender
The company’s commitment to renewable energy, robust financials, and expansion strategies position it as a compelling investment choice. With a focus on sustainable growth and government backing, SJVN continues to stand out in India’s green energy sector.
Investors looking for steady growth and exposure to renewable energy can consider SJVN as a strong candidate for their portfolios in 2025.
