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UnknownUnicorn23435789
Dec 1, 2022 12:57 PM

Powerful base breakout in this power generation company! Long

SJVN LTDNSE

Description

NSE:SJVN

This company is into THERMAL / HYDRO / RENEWABLE power generation and distribution.

Key technicals:
- The stock price has made a huge base breakout on weekly charts closing above previous high made somewhere in 2018
- Volume has been consistently increasing over the past few weeks
- The stock returns have largely outperformed the nifty returns since Q1 this year
- Stock not in overbought zone
- Stock not in ASM/GSM lists

Key fundamentals:
- Dividend yield higher than sectoral peers
- PE ratio lower than sector
- EBIDTA and NPM margins on the rise since last 4 quarters, same goes with sales
- Debt to equity is well lower than 1 with ~5x interest coverage
- Promoter holding is significant with no pledging
Comments
sheths007
Where to find this, shaktimaan indicator or it’s your own bulit?
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