Is 2022 a good time to invest in Jaiprakash Power (JP Power) shares?

The stock under consideration, JP Power, can be best categorized as a penny stock that has been losing value for the past decade.

The stock has been more of a trading stock than an investment-based script.

Results of Dec 2021, showed EBITDA at Rs. 415.91 crores up 24.89% from Rs. 333.02 crore in December 2020. Also, the EPS improved by Rs. 0.10 in December 2021 from Rs. 0.01 in December 2020.

These numbers are in no way confidence-boosting for an investor to commit their hard-earned money.

Instead, try to invest in companies like

• NTPC:
  • The stock has returned a capital gain of ~40% in the past year
  • The Total Dividend for the Full Year is INR 7

• Power Grid:
  • The stock has returned a capital gain of ~35% in the past year
  • The Total Dividend for the Full Year is INR 7

Hope this helps

You can follow my blog or Facebook page on investing to get insight into other stocks.

Happy Investing!!

Reference:

1. Jaiprakash Pow Consolidated December 2021 Net Sales at Rs 1,401.44 crore, up 41.86% Y-o-Y
2. Power Transmission
3. NTPC Share Price, NTPC Stock Price, NTPC Ltd. Stock Price, Share Price, Live BSE/NSE, NTPC Ltd. Bids Offers. Buy/Sell NTPC Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News, and Live Quotes
4. Power Grid Corp Share Price, Power Grid Corp Stock Price, Power Grid Corporation of India Ltd. Stock Price, Share Price, Live BSE/NSE, Power Grid Corporation of India Ltd. Bids Offers. Buy/Sell Power Grid Corporation of India Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News, and Live Quotes
5. Power Grid Corporation finalizes dividend: 5 things to know
6. NTPC Q4 net profit rises 25% to ₹5,622 cr, declares dividend