SJVN jumps on achieving record 90% capex target in April-December 2021
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SJVN is currently trading at Rs. 30.70, up by 0.25 points or 0.82% from its previous closing of Rs. 30.45 on the BSE.
The scrip opened at Rs. 30.95 and has touched a high and low of Rs. 31.10 and Rs. 30.50 respectively. So far 358451 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. 24.50 on 12-Apr-2021.
Last one week high and low of the scrip stood at Rs. 31.35 and Rs. 29.65 respectively. The current market cap of the company is Rs. 12025.17 crore.
The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 7.46% and 5.77% respectively.
SJVN has achieved a record 90 per cent capital expenditure target in April-December 2021. The capital expenditure is on several ongoing projects of the company in hydro, thermal, wind and solar sectors. The capex utilisation signifies the pace and quantum of works underway.
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).
