SJVN share price has zoomed 5% and is presently trading at Rs 107.9.
Meanwhile, the BSE POWER index is at 7,191.8 (down 0.3%).
Among the top gainers in the BSE POWER index today are KEC INTERNATIONAL (up 2.8%) and Siemens (up 1.6%).
ADANI GREEN ENERGY (down 8.6%) and ADANI ENERGY SOLUTIONS (down 6.7%) are among the top losers today.
Over the last one year, SJVN has moved up from Rs 76.0 to Rs 107.9, registering a gain of Rs 31.9 (up 41.9%).
On the other hand, the BSE POWER index has moved up from 4,654.7 to 7,191.8, registering a gain of 54.5% during the last 12 months.
The top gainers among the BSE POWER index stocks during this same period were Siemens (up 88.4%), TORRENT POWER (up 83.6%) and KEC INTERNATIONAL (up 70.2%).
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The BSE Sensex is at 77,394.8 (up 0.3%).
The top gainers among the BSE Sensex today are ICICI Bank (up 1.6%) and SBI (up 1.5%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Tata Steel.
In the meantime, NSE Nifty is at 23,455.1 (up 0.5%). APOLLO HOSPITALS and Power Grid Corp. are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,655.2 to 77,394.8, registering a gain of 11,739.6 points (up 17.9%).
SJVN net profit grew 1.3% YoY to Rs 4,298 million for the quarter ended September 2024, compared to a profit of Rs 4,242 million a year ago. Net sales rose 16.8% to Rs 10,263 million during the period as against Rs 8,784 million in July-September 2023.
For the year ended March 2024, SJVN reported 32.9% decrease in net profit to Rs 9,114 million compared to net profit of Rs 13,593 million during FY23. Revenue of the company fell 12.2% to Rs 25,794 million during FY24.
The current Price to earnings ratio of SJVN, based on rolling 12 month earnings, stands at 42.0.
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