01-01-1970 12:00 AM | Source: Accord Fintech
SJVN trades in green on the BSE
News By Tags | #1424 #572 #657

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SJVN is currently trading at Rs. 28.40, up by 0.45 points or 1.61% from its previous closing of Rs. 27.95 on the BSE.

The scrip opened at Rs. 27.95 and has touched a high and low of Rs. 28.55 and Rs. 27.60 respectively. So far 400405 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. 25.35 on 23-Aug-2021.

Last one week high and low of the scrip stood at Rs. 28.55 and Rs. 27.10 respectively. The current market cap of the company is Rs. 11180.27 crore.

The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 6.65% and 6.59% respectively.

SJVN has entered into an EPC (Engineering Procurement & Construction) contract for two projects namely 75 MW Solar Project at Gurah district Jalaun and 50 MW Solar Project at Gujrai district Kanpur Dehat with Solarworld Energy Solutions.

The contract value for a 75 MW solar project is Rs 410.75 crore, while for 50 MW solar project is Rs 280 crore. Both the projects are scheduled to be commissioned in April 2023.

SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.