Stock to Buy: SJVN

SJVN aims for a significant capacity boost, targeting 25,000 MW by 2040. It stands strong with a focus on renewable energy projects.

Strong Fundamentals & Growth

SJVN’s plan to add 25 GW of solar power by 2030 positions it as a leader in India's renewable energy future.

Recommendation Date: September 27, 2024.

Technical Momentum

SJVN is experiencing upward momentum after consolidating at Rs 125-130, with a target price of Rs 144.

Growth Potential

SJVN offers an 11% upside with a Rs 144 target. The technical setup points to continued uptrend opportunities.

Risk-Reward Balance

The stock's upside potential of 11% and a stop-loss at Rs 122 make it a well-balanced investment option.

SJVN's Renewable Push

SJVN is leading India's energy transition, aiming to add 25 GW of solar power by 2030, supporting long-term growth.