JP Power is also known as Jaiprakash Power Ventures Limited. The JP Power stock was trading at near its all-time low from the last few years. But from the last 2 to 3 years the stock started going up and now the stock is trading 8 to 9 years high. If you are looking for a penny stock in the power sector then you may like the stock, we also share JP Power’s share price target for 2024, 2025, and 2026 to understand the stock in depth.
Many power companies are involved in different types of power generation technologies. As a result, there is very tough competition between them. As these companies are new the field is also new. So, there is a huge chance that a few stocks in the power sector will give very multi-bagger in the upcoming years.
In the bull run of the Indian stock market, almost every stock going up side and the penny stocks have given massive returns of 200%, 300%, etc in the last 1 – 2 years. There can be one more reason i.e. government is also supporting the power sector, green energy, and electric vehicles so, this type of return in the short term was expected.
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About JP Power
The company was founded in 1994 and the managing director of the company is Shri. Suren Jain. JP Power (Jaiprakash Power venture) is a power sector company that works in the generation of thermopower, hydropower, captive coal mining, and cement grinding.
The JP power compnay has a total of 3 power plants where one plant is in Uttarakhand and the rest 2 power plants are in the M.P. (Madhya Pradesh). The capacity of the Uttarakhand Power plant is 400 MW and the the capacity of the rest two plants is 500 MW and 1320 MW.
Company Fundamentals
Fundaments of any company help us to understand the company’s performance in depth. With the help of company fundaments data and information, one can analyze whether the company is good for investment or not.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong.
And here are some best apps that allow you to buy and sell stocks online in India.
 Rating: 9.8/10 |  Rating: 9.1/10 |
 Rating: 8.5/10 |  Rating: 8.6/10 |
Profit Growth (Last 5 years)
| Year | Profit (In Crores) |
|---|---|
| March 2019 | -₹359 |
| March 2020 | -₹2,205 |
| March 2021 | ₹227 |
| March 2022 | ₹107 |
| March 2023 | ₹55.42 |
Quarterly Results (Profits)
| Quarter | Profits (Crores) |
|---|---|
| Dec 2022 | -₹218 |
| Mar 2023 | -₹43.99 |
| Jun 2023 | ₹192 |
| Sep 2023 | ₹68.66 |
| Dec 2023 | ₹173 |
Company Essentials
| Market Cap | ₹15,927Cr | ROE | 0.48% |
| P/E Ratio (TTM) | 40.77 | EPS (TTM) | 0.57 |
| P/B Ratio | 1.49 | Div Yield | 0.00% |
| Industry P/E | 21.99 | Book Value | 15.62 |
| Debt to Equity | 0.41 | Face Value | 10 |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 5.14% |
| DII | 20.46% |
| Public | 50.4% |
| Promoters | 24.0% |
| Other Holders | 0.0% |
Key Points
- From the last 3 years i.e. 2021 to 2023 the JP Power compnay has been in profit but the profit is decreasing each year. In 2021, its net profit was Rs. 227 Crore, in 2022 net profit was Rs. 107 Crore, and in 2023 the net profit was 55.42 Crore.
- Promoter holdings in the stock are 24% which is very low and the promoters have pledged their 79.2% holdings.
- On the compnay, there is a Debt of Rs. 4,754.49 Crore and the compnay has cash of Rs. 175.09 Crore.
- JP Power compnay comes in the top 10 companies of the power generation & distribution supply.
Quarterly Results
From the last 3 quarters i.e from June 2023 quarter the JP Power company is making some profit. In the Dec 2023 quarter, the net profit of the company is Rs. 173 Crore.
Thumb Rules for Rules
Follow the thumb rules for investing to increase your return on investments and reduce risk. These rules are made by and recommended by industry experts. These rules are the base for getting high returns.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock is available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
JP Power Share Price Target
In the upcoming year dependence on the power generation sector will be increased as the population is also increasing with time. Due to problems in different countries like war, the prices of crude oil are also increasing.
So, It is better to find other ways before things go wrong. These things governments understand that’s why many countries are focusing on green energy to decrease their dependency on crude oil.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
JP Power Share Price Target 2024
In the last 1 year, the JP Power stock has given a return of approx 330%. This is a very high return and almost every stock of the green energy, and power generation sector has given this type of return in the last 1 year.
As of now the JP Power stock is very bullish and the stock can easily give a 25% to 30% return in the short term. But trading or investing at this level can be very risky if profit booking starts in the stock.
So, if you are a risky trader then you can plan a trade with proper stop loss but if you don’t want to take any risk they avoid the stock.
JP Power share price target 2025 and 2026
For the long term, investors are bullish on the Power Generation sector. As a result, there are very high chance that, in the upcoming few years many companies that are working in the sector can give a massive return to investors.
As JP Power is a penny stock that’s why there is very risk in investing in the stock for the long term. You can also invest in stocks like Tata Power where you’ll get low returns as there is less risk.
FAQs
JP Power is a penny stock and it is down by approximately 90% from its all-time high. So, if you are a safe investor and don’t have enough knowledge about the stock market and investing. We strongly recommend you do not invest in penny stocks.
The target of JP Power share prices for the years 2024 and 2025 are mentioned above by some technical analysts. You can take some ideas from there for your research purposes.
At this time it is hard to say as the stock is down by approx 90% from its all-time high. Keep checking its fundamental data and charts for updates.
Final Words: In the post, we shared JP Power’s share price target for 2024, 2025, and 2026. The targets are shared and suggested by investing experts. As we mentioned it is a penny stock and you should not buy penny stocks in case you are a safe investor. The post is only for research purposes or some ideas only.