SJVN Ltd is a leading public sector enterprise engaged in hydropower generation, with a fast-expanding footprint in solar, wind, and thermal power. Backed by the Government of India and the Government of Himachal Pradesh, SJVN plays a strategic role in India’s renewable energy and power security roadmap.
With India’s electricity demand rising steadily and the government pushing aggressively toward clean energy targets, SJVN Ltd is well-positioned for long-term growth. In this article, we analyze SJVN Ltd share price targets from 2026 to 2030 based on current market data, fundamentals, shareholding pattern, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹73.00 |
| Previous Close | ₹72.80 |
| Day’s High | ₹73.09 |
| Day’s Low | ₹71.91 |
| VWAP | ₹72.36 |
| 52-Week High | ₹107.50 |
| 52-Week Low | ₹68.13 |
| All-Time High | ₹170.50 |
| All-Time Low | ₹17.25 |
| Market Capitalization | ₹28,396 Cr |
| Volume | 22,73,655 |
| Value (Lacs) | 1,642.94 |
| UC Limit | ₹87.36 |
| LC Limit | ₹58.24 |
| Beta | 1.40 |
| Face Value | ₹10 |
| Book Value Per Share | ₹37.12 |
| Dividend Yield | 2.02% |
| 20D Avg Volume | 51,40,210 |
| 20D Avg Delivery (%) | 35.42% |
SJVN Ltd is a Mini Ratna Category-I PSU, initially focused on hydropower but now rapidly diversifying into solar, wind, and thermal power projects in India and abroad. The company has outlined ambitious capacity expansion plans aligned with India’s renewable energy targets for 2030.
SJVN’s regulated business model, long-term power purchase agreements (PPAs), and government backing provide strong earnings visibility.
Strong government ownership and policy support
Leadership in hydropower with growing renewable portfolio
Long-term PPAs ensuring stable cash flows
Consistent dividend payouts
Expansion into solar and wind power boosting growth visibility
| Investor Type | Holding (%) |
|---|---|
| Promoters | 81.85% |
| Retail & Others | 11.47% |
| Other Domestic Institutions | 2.84% |
| Foreign Institutions | 2.70% |
| Mutual Funds | 1.15% |
High promoter holding reflects stability and long-term commitment to growth.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 90 | 105 |
| 2027 | 110 | 130 |
| 2028 | 135 | 160 |
| 2029 | 165 | 195 |
| 2030 | 200 | 240 |
These projections factor in capacity additions, renewable diversification, PSU re-rating potential, and stable dividend income.
By 2026, new solar and hydro projects may begin contributing meaningfully to revenues.
Growth Drivers
Incremental renewable capacity addition
Stable hydro generation
Continued PSU sector re-rating
Investment View: Suitable for conservative and income-focused investors.
2027 could reflect improved return ratios as new projects stabilize.
Growth Drivers
Solar and wind project commissioning
Improved asset utilization
Stable tariff realization
Investment View: Positive medium-term outlook.
By 2028, SJVN’s diversified power portfolio may drive valuation expansion.
Growth Drivers
Renewable energy demand growth
Long-term PPAs reducing earnings volatility
Improved operating efficiencies
Investment View: Good for long-term renewable energy exposure.
As India’s power demand continues to rise, SJVN could benefit from stable cash flows.
Growth Drivers
Rising electricity consumption
Government support for clean energy
Strong balance sheet
Investment View: Favors investors seeking steady compounding.
By 2030, SJVN may emerge as a diversified renewable power PSU aligned with India’s net-zero goals.
Growth Drivers
Large renewable capacity base
Predictable earnings and dividends
Long-term energy transition tailwinds
Investment View: Ideal for long-term wealth preservation with moderate growth.
SJVN Ltd offers a mix of stability, dividends, and renewable energy growth. While short-term volatility is possible, the long-term outlook remains positive due to government backing and India’s clean energy push.
Strong promoter (government) support
Attractive dividend yield
Long-term renewable energy expansion plans
Regulated and predictable business model
Project execution delays
Hydrology risk due to rainfall variability
PSU valuation limitations
SJVN Ltd is strategically positioned to benefit from India’s rising power demand and renewable energy transition. With stable fundamentals, consistent dividends, and capacity expansion plans, the company offers solid long-term potential. Based on current assumptions, SJVN Ltd share price could reach ₹200–₹240 by 2030.
For investors seeking low-to-moderate risk PSU stocks with renewable energy exposure, SJVN Ltd can be a dependable long-term investment.
1. What is the current share price of SJVN Ltd?
It trades around the ₹72–₹73 range, depending on market conditions.
2. What is the SJVN Ltd share price target for 2026?
The expected range is ₹90 to ₹105.
3. Is SJVN Ltd good for long-term investment?
Yes, especially for conservative investors seeking dividends and renewable exposure.
4. What is the share price target for 2030?
The projected target range is ₹200 to ₹240.
5. What factors influence SJVN Ltd share price the most?
Renewable capacity additions, hydropower generation, government policy, and dividend performance.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
