SJVN Limited (SJVN) is an Indian state-owned power company headquartered in New Delhi. It was incorporated in 2006 as a joint venture between the Government of India and the Government of Himachal Pradesh. SJVN's primary business is the generation and sale of electricity. It has a portfolio of power projects, including thermal, hydro, wind, and solar power plants. SJVN also operates a transmission line network.
A multi-year breakout is often a sign that the stock is entering a new bullish trend and could see significant price appreciation in the future.