Deal toh badi, par stock kyu gir raha hai?
Oriana Power ne SECI ke saath 10 saal ka ek zabardast contract sign kiya hai jisme woh saalana 60,000 tonne green ammonia supply karenge. Is deal ki total value lagbhag ₹3,135 crore hai aur price ₹52.25 per kg discover hua hai. Ye deal Madhya Bharat Agro Products Ltd ke liye hai aur isse company India ke growing green fuel sector mein entry kar rahi hai. Ye sab government ke National Green Hydrogen Mission aur SIGHT programme ka hissa hai, jo country ko energy independent banane mein help karega.
Share Price Mein Lagatar Giraavat
Lekin asal masala toh yeh hai ki itni positive news hone ke baad bhi Oriana Power ka stock market mein behesht mein hai. Stock price, jo deal ke announcement se pehle around ₹1,732 tha, ab gir kar ₹1,544.25 ke aas paas aa gaya hai. Is saal toh stock ab tak 23.03% tut gaya hai aur pichhle 6 mahine mein toh 41.61% tak neeche gir chuka hai! Aisa lagta hai ki investors ko is long-term contract se future mein utna profit nahi dikh raha jitni ummeed thi.
Margin Aur Execution Ki Chinta
Brokerages ka kehna hai ki ₹52.25 per kg ka price toh competitive hai, international price ₹110 per kg ke comparison mein. Sector mein ACME Cleantech, Jakson Green jaise aur bhi bade players aa rahe hain. Par, itne lambe contracts mein rising costs ko manage karke profit kaise banayenge, ye badi chinta hai. Company ne pichhle 6 mahine mein koi dividend bhi nahi diya hai, aur working capital days 32.8 se badh kar 81.5 ho gaye hain, jo cash flow par pressure dikha sakta hai. Overall, market abhi demand se zyada execution risks aur profit margins par focus kar raha hai.