SJVN trades higher on the bourses

16 Nov 2021 Evaluate

SJVN is currently trading at Rs. 29.20, up by 0.45 points or 1.57% from its previous closing of Rs. 28.75 on the BSE.

The scrip opened at Rs. 28.70 and has touched a high and low of Rs. 29.55 and Rs. 28.70 respectively. So far 388638 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.80 on 19-Oct-2021 and a 52 week low of Rs. 22.30 on 18-Nov-2020.

Last one week high and low of the scrip stood at Rs. 30.95 and Rs. 28.65 respectively. The current market cap of the company is Rs. 11494.65 crore.

The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 7.46% and 5.77% respectively.

SJVN’s board has approved the proposal regarding formation of Wholly Owned Subsidiary Company for development of renewable energy, small hydro and green hydrogen project, subject to approval of Government of India. The Board has also accorded its investment approval to contribute initial equity of Rs 50 crore by SJVN in the proposed subsidiary Company. The Board of Directors of Company in its meeting held on November 12, 2021 inter-alia has considered and approved the same.

SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).

SJVN Share Price

139.45 5.95 (4.46%)
31-May-2024 16:01 View Price Chart
Peers
Company Name CMP
NTPC 358.90
Tata Power 436.80
Power Grid Corp 309.45
Adani Power 756.65
Torrent Power 1516.25
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.