๐ SJVN Share Price on the Rise
Public sector company SJVN is seeing a strong profit in its shares. The company’s board of directors will be meeting on August 13, 2024, where they will announce the results for the June 2024 quarter.
๐ Trading Window to Close
As per SEBI regulations, the stock trading window will be closed for senior officials and employees for 48 hours after the announcement of quarterly results. The trading window will remain closed until Thursday, August 15, 2024.
๐ฐ Stock Performance
On Tuesday, August 6, 2024, SJVN stock was trading at 135.50 with a 2.87% decrease. The next day, on Wednesday, August 7, 2024, the share price increased by 3.17% to reach 140.
๐ Financial Results
In the March 2023 quarter, SJVN posted a net profit of โน61.08 crore, more than double from the previous year. However, the total revenue for the quarter was โน573.23 crore. The consolidated net profit for 2023-24 decreased to โน911.44 crore from โน1,359.30 crore in the previous year.
๐ Recent Trends
On Monday, SJVN’s share closed at 139.30. The share price has seen a 7.69% decrease in the past week and a 3.40% decrease in the past two weeks. Year-to-date, the stock has provided a return of over 49.82% to investors.
๐ Impressive Growth
Over the past year, SJVN’s share price has increased by 144.00%. In the last two years, the stock has grown by 381%, and over the past five years, it has seen a remarkable 411% growth.
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