MULTIBAGGER ALERT! 

10 KEY FACTORS POWERING SWAN ENERGY'S 500% STOCK RALLY 

Published By MintGenie Team | 21 Feb, 2024

Remarkable Growth

Swan Energy has shown exceptional growth, with its shares surging from 120 in November 2021 to 742 per share, reflecting a 518% increase.
Credit : UNSPLASH

Short-Term Rally

A significant portion of the recent surge occurred over the past five months, witnessing a 160% return as the stock rallied from 287 to its current level.
Credit : UNSPLASH

Consistent Yearly Performance

Over the last five years, Swan Energy consistently delivered positive yearly returns, including remarkable performances in CY22 (110%) and CY23 (67%).
Credit : UNSPLASH

2024 Performance

In the current year, the stock has already seen a 45% increase, reaching an all-time high of 764 per share on February 19.
Credit : UNSPLASH

Diversification Success

Swan Energy's success is attributed to strategic diversification, moving from a textile company to real estate and energy sectors.
Credit : UNSPLASH

Key Acquisitions

Notable acquisitions of Veritas India Ltd. and Reliance Naval & Engineering Ltd. have strengthened Swan Energy's presence in petrochemicals, defence, and shipbuilding.
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Strong Financials

The company's recent financials showcase diversified revenue streams and promising growth prospects, supported by robust EBITDA margins.
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Strategic Milestone

Swan Energy's achievement of India's first Floating Storage & Regasification Unit (FSRU) at Jafrabad Port is a significant milestone, set to commence operations in April 2024.
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Project Expansion Plans

The FSRU project, designed with an initial capacity of 5.0 MMTPA, plans to double to 10.0 MMTPA by 2027–28, ensuring a steady revenue stream with long-term off-take contracts.
Credit : UNSPLASH

Outlook & Valuation

With a positive outlook, Swan Energy's current market price trades at 69 times TTM EPS and 25 times EV/EBITDA based on TTM EBITDA of 9,340 million, backed by effective management of debt levels.
Credit : UNSPLASH