SJVN Limited shares rise by 6%, agreement on 1000 MW project with Bihar government

in the stock market on Wednesday SJVN Limited The shares showed a strong rise. Company with Bihar Government 1000 MW Hathidah Durgavati Pumped Storage Project (PSP) Signed a Memorandum of Understanding (MoU), which was announced after market close on Tuesday

SJVN stock performance

• Opening price: ₹107.28 (up 2.7% from previous close ₹104.40).
• Intraday High: ₹111.50 (up 6%).
• Last 1 Year Performance: About 20% return,
• 52-week high: ₹161.45.
• 52-Week Take: ₹88.85.

SJVN shares from the beginning of 2023 more than 3 times A surge of multibagger stock Has emerged as.

Focus on Bihar project

SJVN has Bihar Government with 1000 MW capacity in Patna Hathidah Durgavati Pump Storage Project And has signed an agreement for the development of other PSPs.

• Location: On Durgavati river in Kaimur district of Bihar.
• Capacity: 1000 MW (4×250 MW).
• Production:
  • Daily Peak Energy: 6.325 million units (MU).
  • Annual Peak Energy: 2308.65 mu.

Return on Equity (RoE) Performance

• 2024: 6.53%.
• 2023: 10%.
• 2022: 7.63%.
• 2021: 15.13%.
• 2020: 13.45%.

share holding pattern

• Promoters: 81.85%.
• Foreign Institutional Investors (FIIs): 2.65%.
• Domestic Institutional Investors (DIIs): 4.29%.
• Other: 10.74%.
• Corporate Holding: 0.47%.