SJVN Share Price |
Shares of SJVN Limited Company were trading with a gain of 14 percent in Monday’s trading session. The reason for the sudden rise in the share of SJVN Limited Company is that one of the subsidiary companies of the company has got a new job. In a filing with SEBI, SJVN Limited has informed that the Bhakra Seed Management Board and SJVN Green Energy Limited have entered into a power purchase agreement.
In Monday’s trading session, the shares of this company opened at a price level of Rs.66.85 and within a few moments, the stock touched a price of Rs.73. But today Tuesday (12 Sept 2023) SJVN shares are trading down 5.79% (NSE) at Rs 72.35.
Shares of SJVN Limited Company were trading with an increase of 14.06 percent in Monday’s trading session. SJVN Limited has a market cap of Rs 26,329 crore. As per the newly awarded contract, SJVN Limited Company has been awarded to generate 18 MW of solar power. This is going to be a tall order for this company.
In the next 3 years, SJVN Limited Company is planning to set up 10,000 MW renewable energy capacity plants. At the same time, by the end of 2023, SJVN Limited Company will try to achieve the target of generating 25,000 MW of renewable energy.
SJVN Limited is planning to set up 50,000 MW of renewable energy projects by 2040. The shares of SJVN Limited Company have earned a 19 percent return to their investors in the last one month. Investors who bought shares of this company 6 months ago, the value of their investment has now doubled. The 52-week high price of SJVN Limited Company was Rs.73.
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