Thanx LaryWink …Members have already indicated some numbers, though order book numbers keep increasing day by day.
Wanted to add that SJVN was basically a Hydro power producer.
But now since Hydro power is no longer preferred as it is inefficient way of producing power at a river by constructing a dam. The concept of hydropower has been snatched away to form Hydro pump storage system synched with Solar and Wind energy. So both NHPC and SJVN have both stopped constructing traditional hydro power stations. Both these companies are now bidding for Solar , wind , roof top solar.
Future looks bright , but past /present not so bright. However, bulging orde book gives future earning visibility.So execution is the key which is expected to reflect in financial performance in future.
Discl : Invested @33 level from the time the Green hydrogen thread was initiated. Recently booked some profit to get back my capital and still holding a major chunk.
Not a buy or sell recommendation. please make your own assessment before investing. Stock has run up quite a bit in anticipation of future performance. PSU’s have it’s own pros and cons
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