Nava Bharat Ventures Limited [NBVENTURES.NS] Stock Forecast

Nava Bharat Ventures Limited engages in the ferro alloys, power, mining, and healthcare businesses in India, Zambia, Hong Kong, Japan, and internationally. It generates and sells power using coal, biomass, biogas, and bagasse. The company operates 150 MW and 114 MW power plants in Paloncha, Telangana; 150 MW power plant in Kharagprasad, Odisha; 20 MW biomass power plant in Dharmavaram, Andhra Pradesh; and 300 MW thermal power plant in Zambia. It also mines coal at Maamba in Southern province of Zambia, as well as provides operation and maintenance services for power plants. In addition, the company various alloy metals, such as ferro chrome, silico manganese, ferro silicon, and chromium alloys that are used in automotive, railways, and construction industries, as well as in the manufacture of stainless-steel consumer goods. Further, it operates a medical clinic for the management of iron deficiency and the administration of intravenous iron in Singapore. Additionally, the company manages The Iron Suites Medical Center and corporate healthcare programmes; organizes medical congresses and awareness programmes; and in-licenses pharmaceutical products. The company was incorporated in 1972 and is based in Hyderabad, India.