Retail investors are looking for those penny stocks that have a stronger potential to give multi-bagger returns in the upcoming years. As of now, the Indian government is promoting those companies that are involved in power generation. Check the JP Power share price target 2024 and upcoming years.
There are many power companies that are involved in different types of power generation technologies. As a result, there is very tough competition between them. As these companies are new and 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.
Not only stocks of the power sector, we also shared many penny stocks share price targets for upcoming years. Where the chance of getting a very high return is very high. You can check some of the stocks below.
There can be also a lot of retail investors who invested in the stocks when the price was high. Since 2010 the stock continues falling but from March 2020 it is showing some strength and going up very slowly.
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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 which are working in the generation of thermopower, hydropower, captive coal mining, and cement grinding.
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 analysis whether the company is good for investment or not for him.
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 |
Revenue Growth (Last 5 years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 3,874.09 |
| March 2020 | 3,358.37 |
| March 2021 | 3,434.37 |
| March 2022 | 4,859.42 |
| March 2023 | 5,921.93 |
Quarterly Results of JP Power
It is the total income from operations (net sales/income from operations and other operating income).
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 1,820.37 |
| Sep 2022 | 1,385.37 |
| Dec 2022 | 1,201.05 |
| Mar 2023 | 1,379.88 |
| Jun 2023 | 1,707.82 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 4,420.48 Cr |
| CASH | 388.29 Cr. |
| NO. OF SHARES | 685.35 Cr. |
| P/E | 507.87 |
| P/B | 0.62 |
| FACE VALUE | Rs. 10 |
| DIV. YIELD | 0% |
| BOOK VALUE (TTM) | Rs. 10.46 |
| DEBT | Rs. 5,070.72 Cr. |
| EPS (TTM) | Rs. 0.01 |
| ROE | 1.58 % |
| ROCE | 5.48 % |
| PROFIT GROWTH | -70.38 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 4.7% |
| DII | 22.15% |
| Public | 49.15% |
| Promoters | 24% |
| Other Holders | 0.0% |
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 then 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 will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they did 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
For a high return on your investments, a good investor does both analysis i.e. technical and fundamental analysis. Technical analysis helps to buy the stocks at a discount price and fundamentals analysis helps to analyze stocks for the long term. Above we shared the fundamental data and information you can use for analysis of JP Power share price target for upcoming years.
As you know from time to time new price actions are formed in the stock’s chart. As a result, the targets of the stocks change according to price auctions and news. So, keep visiting the page regularly to get the new analysis and new targets.
Below we are sharing the share price target for the stocks which is suggested by a lot of experts in the field. Not only the year for 2024 but also shared the analysis with the chart for upcoming years.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
JP Power Share Price Target 2024
As the stock price is going up very slowly you can expect a decent return in the year 2024. It can be mid of 2024 and end of the year 2024. There is major resistance at Rs. 9.65. Once the JP Power stock gives a closing above the resistance in the weekly candle then we can expect a good move upside.
In the below chart, you can see levels for your research purpose on the stock. The levels change with time so, keep checking the stock on a regular basis.
Once it crosses the resistance you can expect a good move. The targets of JP Power share for 2024. The first target is Rs. 12 – 15 and the second target is Rs. 17 – 20.
JP Power share price target 2025
JP Power share price target for the year 2025 can be very good if the fundamentals of the stocks improve and the stock gives closing above the major resistance i.e. 9.65. Most probably it should cross the resistance in 2024.
Once the resistance becomes support you can see a very big upside move in the stock. There is also resistance at Rs. 25 so, you can expect the target between Rs. 20 – 25 in 2025.
JP Power Share Price Targets
The targets are in the table form to get a clear view.
| Year | Target 1 | Target 2 |
|---|---|---|
| 2024 | Rs. 12 – 15 | Rs. 17 – 20 |
| 2025 | Rs. 20 | Rs. 25 |
FAQs
JP Power is a penny stock and it is down by approx 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 share price target 2024 and 2025. 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.