SJVN is currently trading at Rs. 111.70, up by 7.30 points or 6.99% from its previous closing of Rs. 104.40 on the BSE.
The scrip opened at Rs. 107.20 and has touched a high and low of Rs. 111.95 and Rs. 106.55 respectively. So far 831626 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.45 on 05-Feb-2024 and a 52 week low of Rs. 88.85 on 10-Jan-2024.
Last one week high and low of the scrip stood at Rs. 112.30 and Rs. 102.80 respectively. The current market cap of the company is Rs. 42991.96 crore.
The promoters holding in the company stood at 81.85%, while Institutions and Non-Institutions held 6.67% and 11.48% respectively.
SJVN signed a Memorandum of Understanding (MoU) with Government of Bihar in Patna for development of 1000 MW Hathidah Durgawati Pumped Storage Project (PSPs) and other PSPs in state of Bihar. The PSPs development in state of Bihar will create direct and indirect employment to 5000 persons and investment of about Rs 10,000 crore.
In August 2022, the Ministry of Power, Government of India, appointed SJVN as the nodal agency for developing Pumped Storage Projects (PSPs) in Bihar. Following this, the Secretary (Energy), Government of Bihar, allotted four PSPs to SJVN on August 22, 2022, named as Telharkund PSP (400 MW), Sinafdar PSP (345 MW), Panchgotia PSP (225 MW) and Hathidah Durgawati PSP (1600 MW). After conducting ranking studies of these projects, SJVN prepared a Feasibility Study Report (FSR) for the most viable project, Hathidah Durgawati PSP, with a proposed capacity of 1000 MW.
Proposed on river Durgawati in distt. Kaimur, Bihar, the Hathidah Durgawati PSP, with an installed capacity of 1000 MW (4x250 MW), is designed to generate a daily peak energy of 6.325 Million Units (MU) and an annual peak energy of 2308.65 MU. The estimated project cost is Rs 5,663 crore, with a levelized tariff of Rs 9.39 per kWh (assuming a pumping energy rate of Rs 3 per kWh) based on February 2024 price levels. Currently, SJVN is developing about 12000 MW of PSPS in various states such as Maharashtra, Karnataka, Mizoram and Himachal Pradesh.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
| Company Name | CMP |
|---|---|
| NTPC | 386.15 |
| Tata Power | 409.45 |
| Adani Power | 181.40 |
| Power Grid Corp | 300.30 |
| Torrent Power | 1474.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: