Multibagger Stocks of 2023

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Jaiprakash Power Ventures Limited is engaged in the business of generation of thermal and hydro Power, cement grinding, and captive coal mining. The Company owns and operates approximately 400 megawatt (MW) Jaypee Vishnuprayag Hydro Electric Plant at District Chamoli, Uttarakhand, 1320 MW Jaypee Nigrie Super Thermal Power Plant at Nigrie, Distt. Singrauli, M.P., 500 MW Jaypee Bina Thermal Power Plant at Village.
Sirchopi, Distt.
Sagar, M.P. The Company is operating Cement Grinding Unit (2 MTPA) at Nigrie, Distt. Singrauli (M.P.).
The Company serves various markets in various states/units, such as Madhya Pradesh and Uttar Pradesh.
Its subsidiaries include Jaypee Powergrid Limited, Jaypee Arunachal Power Limited, Sangam Power Generation Company Limited, Jaypee Meghalaya Power Limited and Bina Power Supply Limited.

Company posted profit in June quarter 2023 and reducing debt. A great multibagger in the making.

SJVN
69,661 MW project portfolio: This multibagger power company signs PPAs worth Rs 7,000 crore with Punjab State Power Corporation Ltd!
SJVN Ltd informed that SJVN Green Energy Limited (A wholly owned subsidiary of SJVN Limited) has signed two Power Purchase Agreements (PPAs) with Punjab State Power Corporation Limited (PSPCL), one for 200 MW solar project(s) to be developed anywhere in Punjab and other for 1,000 MW solar project(s) to be developed anywhere in the country. These projects shall be developed within 18 months on a build-own-and-operate basis and will involve an investment of around Rs 7,000 crore.

The Letter of Intent for these 1,200 MW projects was received from PSPCL on July 21, 2023. The projects are expected to generate 2,997 million units in the first year and about 69,661 million units cumulatively over a period of 25 years. The commissioning of these projects shall reduce more than 34 lakh tonnes of carbon emissions.

Previously, the company signed MoA for implementing five hydro projects in Arunachal Pradesh. Five projects are 3097 MW Etalin, 680 MW Attunli, 500 MW Emini, 420 MW Amulin and 400 MW Mihumdon. Further, 3097 MW Etalin HEP is the largest hydro project under development in India with a total investment of Rs 50,000 crore.

SJVN is engaged in the business of electricity generation. The company is also engaged in the business of providing consultancy for hydropower projects. The company has been maintaining a healthy dividend payout of 72 per cent with a dividend yield of Rs 4.38 per cent. This power company has a market cap of over Rs 22,000 crore with a 3-year CAGR of 38 per cent.

Genpharmasec Ltd. Bse Code: GENPHARMA |531592

Buy this stock for multifold returns in a year available at very cheap price. Debt free company with 60% promoter holding. Looking attractive with good fundamentals. The Company was incorporated as Public Limited Company and its building Successful Businesses Since 1992 - We the team of experts

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Vishwaraj Sugar Industries Limited was incorporated in the year 1995. It has an integrated sugarcane based unit producing Sugar, Generating Power and a molasses / sugarcane syrup based distillery manufacturing Rectified Spirit, Neutral Spirit and Ethanol. There is also Natural Alcohol Vinegar Manufacturing Unit.

Buy Alankit Ltd., a debt free company with strong fundamentals. Alankit Group is known for its inventive solutions in e-Governance services, Financial services, Insurance services, and Healthcare services in India.

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Multibagger Stocks of 2023