SJVN Limited Multibagger Long term 3 years time frame

SJVN Limited Multibagger Long term 3 years time frame 

• SJVN Limited, is a Mini Ratna CPSU under the Ministry of Power, Govt. of India, is a joint venture between the Govt. of India & Govt. of Himachal Pradesh

• Started in the year 1988, the Company is fast emerged as a major power player in the country. The present authorized capital of SJVN is INR 7000 crores.

• SJVN is successfully operating the country’s largest 1500 MW Nathpa Jhakri Hydropower Station and is setting new benchmarks.

• SJVN today has a diversified set of power projects, which includes Hydroelectric Projects in Himachal Pradesh, Uttrakhand, Aurnachal Pradesh and in the neighboring countries of Nepal and Bhutan, a Thermal Power Project in Bihar, a Power Transmission Project in Nepal, Wind Power project in Maharashtra and Solar Power Projects in Gujarat & Rajasthan

• SJVN has made its debut into the Thermal Power Generation by taking up the 1320MW Buxar Thermal Power Project in Bihar for execution. The Company has been allotted the Deocha-Pachami Coal Block in West Bengal for sourcing coal for the project.This further going to increase the revenue of the company.

• SJVN has signed an MoU to develop and operate the 4000 MW Ultra Mega Solar Project in Sambhar area of Rajasthan with five other PSUs: BHEL, PGCIL, SSL, REIL and SECI. SJVN has 16% equity in the country’s largest Solar Energy project.

• The company has paid most of its debt and almost debt free now.

• With such a a diversified portfolio the and good growth the company has surpassed its Full year EPS in 2013 in Halfyear itself.

We are very bullish on this stock and will see a target of Rs 50 in 3 years timeframe