SJVN Ltd Share Price (SJVN)

SJVN Forms Joint Venture for Renewable Energy Generation - 19 Apr, 2024

SJVN Limited's wholly-owned subsidiary SJVN Green Energy has formed a joint venture company with Assam Power Distribution Company named SGEL Assam Renewable Energy. The JV shall carry out business in the field of power generation from all renewable energy sources including Hydro Power by setting up power plants.

Prabhudas Lilladher Gives Buy Call on SJVN Ltd with Target Price of Rs 152 - 16 Apr, 2024

SJVN Ltd reported a consolidated total income of Rs 607.72 crore for Q3 2023, down -36.14% from the previous quarter and -14.55% YoY. The company's net profit after tax was Rs 137.91 crore in the latest quarter. Promoters hold 81.85% stake in the company as of March 31, 2024, while FIIs own 2.36%, DIIs 3.36%. Prabhudas Lilladher has given a buy call on SJVN with a target price of Rs 152.

SJVN Shares Tumble; Analyst Recommends Buying with Target Price of Rs. 152 - 15 Apr, 2024

Shares of SJVN Ltd have tumbled 27% from one-year high level and look bearish on daily charts. However, Prabhudas Lilladher's Vaishali Parekh recommends buying SJVN stock for an upside target of Rs. 152, keeping the stop loss of Rs. 114. In terms of financials, SJVN's revenue from operations grew by nearly 21.5% YoY to Rs. 2,938 crore in FY22-23, accompanied by a net profit increase of 37.3% YoY to Rs. 1,359 crore.

SJVN Ltd Shares Surge 29% in a Month - 13 Apr, 2024

Shares of SJVN Ltd have gained 29% in the last month, with an annual gain of 294%. Despite its high P/E ratio of 59.3x, analysts predict earnings to grow by 48% over the next year, contributing to its high valuation. Investors remain optimistic about SJVN's future prospects.

Sushil Sharma Recommended as Next CMD of SJVN - 09 Apr, 2024

Sushil Sharma has been recommended for the position of Chairman and Managing Director (CMD) at SJVN Limited by the Public Enterprises Selection Board. He has extensive experience in the design, construction, and maintenance of hydro power plants.

SJVN Ltd Stock Shows Positive Chart Structure - 06 Apr, 2024

According to daily charts, SJVN Ltd stock has broken above its recent anchor VWAP resistance mark of 130.80 and appears positive with a strict stoploss set at the 128.00 mark for potential upside targets of 155 and beyond.

SJVN Wins Two Awards and Rewards Meritorious Students - 05 Apr, 2024

SJVN Limited has won two prestigious awards at the 15th CIDC Vishwakarma Awards for its innovative and sustainable Corporate Social Responsibility (CSR) initiatives. Additionally, SJVN awarded 75 meritorious students under its SJVN Silver Jubilee Merit Scholarship Scheme.

SJVN Wins Two Awards for CSR Initiatives - 04 Apr, 2024

SJVN has won two awards at the 15th CIDC Vishwakarma Awards for its innovative and sustainable Corporate Social Responsibility initiatives. The company has spent over Rs. 450 crores on various CSR activities, including education, health, infrastructure development, sports, and assistance during natural disasters. These awards acknowledge SJVN's commitment to positive change through CSR.

SJVN Signs MoU with IIT Patna for Advanced Geological Models - 03 Apr, 2024

Hydroelectric power major SJVN Limited has signed an MoU with IIT Patna to use advanced geological models in tunnelling projects, reducing time and cost overruns. The partnership will develop predictive analytics algorithms leveraging integrated geotechnical data to forecast potential risks and provide early warning systems tailored for tunnelling projects. By harnessing 3D geological models, SJVN aims to identify and analyse potential risks and hazards.

SJVN Signs MoU with IIT Patna for Advanced Geological Models - 02 Apr, 2024

SJVN has signed an MoU with IIT Patna to develop advanced geological models, reducing time and cost overruns in tunneling projects. The focus is on integrating diverse geotechnical data sources.

SJVN Ltd's ROE Lower Than Industry Average - 28 Mar, 2024

SJVN Ltd has a lower than industry average return on equity (ROE) of 6.1% and a high debt to equity ratio of 1.19, which increases risk and reduces options for the company in the future.

SJVN Ltd Posts Multibagger Returns, Stock Surges 34.5% in YTD - 22 Mar, 2024

Penny stock SJVN has given a return of 490% to its investors in the last 4 years and surged 290% in the last year. The company's revenue from operations saw a marginal decrease of 1.6% to ₹543.3 crore in Q3FY24 while net profit decreased by 51.6% YoY to ₹139 crore.

SJVN Aims to Add Revenue and Capacity Over Next Two Years - 21 Mar, 2024

State-run hydropower projects developer SJVN Ltd aims to add Rs 4,000 crore in revenue over the next two financial years and plans to add 1,176 MW capacity. Shares of SJVN are trading 3.2% higher at Rs 121.60.