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This Stock DOUBLED in 6 Months | SJVN #investing #stock

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SJVN stock doubled in 6 months.


There are 3 special points that you must learn about this Stock.



(1). SJVN (Satluj Jal Vidyut Nigam) is one of the very few companies in India that is producing electricity using multiple natural resources such as water, wind and solar.


(2) Setting up wind power plants or solar power plants needs a lot of upfront investment. And because the Indian Govt and Govt of himachal pradesh owns majority stake in this company, money is less of a problem for this company.


(3) Their profits depend a lot on the rain. This is because if there is no rain, thn that means no water in the rivers and that means their hydro electricity profits drop. That’s why in Q1 23-24, their profits were down by 55% because of weaker rains.


#shorts #investingforbeginners #rahuljainfinance
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