You’ve come to the right place if you’re looking for “JP Power Ltd share price targets” for the coming years.
Before we get into price targets for JP Power stock, let’s take a look at the company’s history, technical fundamentals, and so on.JP power Share Price 2021 and everything else you want to know
Everything About JP Power Limited
Jaiprakash Power Ventures Limited (JPVL), formerly known as Jaiprakash Hydro Power Limited (JPL), was founded in 1994 as a Jaypee Group subsidiary.
The company owns and operates the Himachal Pradesh 300 MW Baspa-II Hydroelectric Project, the Uttarakhand 400 MW Vishnuprayag Hydroelectric Project, and the Himachal Pradesh 1000 MW Karcham-Wangtoo Hydroelectric Project.
The plants are all run-of-river hydroelectric plants. Furthermore, the company is building the 1320 MW (2X660 MW) supercritical technology boiler pit head-based Nigrie Thermal Project in Madhya Pradesh’s Singrauli district, which is set to begin operations in 2013.
Furthermore, the company has purchased 74% of the equity capital of Jaypee Powergrid Limited (JPL), which is developing a 214-kilometer-long power transmission project to evacuate power from the Karcham Wangtoo project, which is set to begin operations in December 2011.
(the Transmission project)Jaypee Arunachal Power Limited, a subsidiary of the company, is building two power plants in Arunachal Pradesh: the 2700 MW Lower Siang and the 500 MW Hiring.
JPVL has also signed an implementation agreement with the government of Meghalaya to build the 270 MW Umngot and 450 MW Kynshi Stage II hydropower projects.
JPVL also purchased the Aditya Birla Group’s Bina Power Supply Company Limited (BPSCL) and plans to build a 1,250 MW coal-fired thermal power plant in Bina, Madhya Pradesh.
Sangam Power Generation Company Ltd.
was acquired from UP Power Corporation Ltd. on a BOO basis for the establishment of 3 x 660 MW Karchana Thermal Power Project (Phase – I: 2660 MW) and Prayagraj Power Generation Company Ltd. for the establishment of 5 x 660 MW Bara Thermal Power Project (Phase – I: 3660 MW).
JHPL and Power Grid Corporation of India (PGCIL) has signed an agreement to form a joint venture to build a 230-kilometer transmission line to evacuate power from Himachal Pradesh’s 1,000-megawatt Karcham-Wangtoo Hydroelectric Project.
JP Power’s Price Target
JPPOWER SHARE closed at 8.70 on September 7, 2022, and we RECOMMEND BUY with a stop loss of 6.76 and STRONG BUY with a stop loss of 7.01 for LONG-TERM Investing. Furthermore, we anticipate reactions to the IMPORTANT LEVELS listed below.
Fundamentals Of JP Power
Let’s look at the fundamentals of JP Power Ltd to get a better understanding of the company’s expertise in the power industry.
- JP Power Ltd’s current market capitalization is $4,318 billion as of July 9, 2022.
- JP Power Ltd currently has a price-to-earnings ratio of 40.2.
- 6.86 EBITDA/EV
- JP Power Ltd.’s sales have increased by 0.55% over time.
Price Objective Specifications For JP Power Limited
We conducted a thorough examination of JP Power Ltd and established share price targets for the coming years.
When we look at the chart, we can see that the market is in a downward trend, but it will surge once it turns bullish.
These “JP Power Ltd” price targets are provided solely for illustrative purposes; this forecast is only valid if the market sentiment is positive; any company or global market uncertainties are not taken into account in this analysis.
JP Power Ltd’s share Price Forecast For 2022
We discovered that the price of JP Power Ltd’s stock was declining after conducting a thorough analysis of the chart using a monthly time frame analysis on the trading view chart.
JP Power Ltd’s target share price in 2022 is RS.12.
JP Power Ltd’s Share Price Forecast For 2023
JP Power Ltd.’s target share price for 2023 is Rs. 14 cents
JP Power Ltd’s Share Price Forecast For 2024
JP Power Ltd.’s target share price in 2024 is Rs. 18.
JP Power Ltd. Share Price Forecast For 2025
JP Power Ltd.’s target share price for 2025 is 21.
JP Power Ltd’s Share Price Forecast For 2026
JP Power Ltd.’s target share price in 2027 is RS.24.
JP Power Ltd’s Share Price Forecasts Range From 2027 To 2030.
JP Power Ltd’s target share price in 2027, 2028, 2029, and 2030 will be 35, 49, 82, and 101, respectively.
Background Information On JP Power
Our promoters (then JIL, now JAL) and GoHP signed a Memorandum of Understanding on November 23, 1991, documenting GoHP’s acceptance of our promoters’ proposal to build the Power Plant and outlining the terms and conditions for its construction.
The parties then signed the Agreement for Implementation on October 1, 1992.
Our promoters and GoHP agreed to construct, operate, and maintain the Power Plant for an initial period of 40 years from the date of commissioning, which could be extended by an additional 20 years.
The Company was founded on December 21, 1994, with the intention of, among other things, establishing hydroelectric or thermal power projects and providing general electric power. On January 9, 1995, the Certificate of Business Commencement was issued.
C-16, Lane 1, Sector 1, SDA Housing Colony, New Shimla, 171009 India is the address of our registered office. Our headquarters are at 54, Basant Lok, Vasant Vihar, New Delhi, 110 050.
All assets, liabilities, obligations, privileges, and benefits related to the Baspa II project were transferred and assigned from JAL to the Company in accordance with the terms outlined in the Tripartite Agreement between the GoHP, our promoters, and us dated October 17, 1995.
JHPL paid JAL Rs608,30 million in compensation for the transfer of the Power Plant’s assets. JAL’s ownership stake in the company made this possible.
The Essar Steel Infrastructure Excellence Awards 2010 in association with CNBC TV18 awarded the 400 MW Vishnuprayag Hydropower Project of Jaiprakash Power Ventures Ltd (JPVL) first prize in the “Energy & Power” category.
The Union Minister of Power, Shri Sushil Kumar Shinde, and Union Minister of State for Power, Shri Bharatsinh Solanki, presented the “Silver Shield” to the 300 MW Baspa – II Hydropower Project as part of the Ministry of Power’s prestigious National Awards for Meritorious Performance in the Power Sector for 2008-09.
The 300 MW Baspa – II Hydropower Project received the “Gold Shield for 2009-10” and the “Silver Shield for 2010-11” from the Government of India’s Ministry of Power in the category of “performance of hydropower stations.”
Frequently Asked Questions
1. Is JP POWER a good Buy 2022?
JPPOWER SHARE closed at 8.70 on September 7, 2022, and we RECOMMEND BUY with a stop loss of 6.76 and STRONG BUY with a stop loss of 7.01 for LONG-TERM Investing.
Furthermore, we anticipate reactions to the IMPORTANT LEVELS listed below.
2. Can JP POWER Be a Multibagger?
The company’s share price has risen from Rs. 2.9 on April 26, 2021, to Rs. 7.8, representing a 169% return.
The company’s 1-month and YTD returns are 25% and 14%, respectively. 26-Apr-2022