Do you have SJVN shares in your portfolio? Here's how Goldman Sachs analysts view the stock now.
However, the brokerage has raised its target for the SJVN stock to Rs 85 from Rs 75.
SVJN has announced that its 1320 MW Buxar thermal power plant has been delayed further.
The company expects Unit 1 to be commissioned by end-FY25 and Unit 2 in FY26.
According to Goldman Sachs, at a price to book value multiple of 3.2 times, the risk reward offered by SJVN shares appears to be unfavourable.