SJVN rises on planning to set up 6,535 MW of capacity till 2021-22

15 Oct 2015 Evaluate

SJVN is currently trading at Rs. 26.45, up by 0.45 points or 1.73% from its previous closing of Rs. 26.00 on the BSE.

The scrip opened at Rs. 26.45 and has touched a high and low of Rs. 26.50 and Rs. 26.10 respectively. So far 20856 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.30 on 06-Aug-2015 and a 52 week low of Rs. 21.90 on 17-Oct-2014.

Last one week high and low of the scrip stood at Rs. 26.80 and Rs. 25.80 respectively. The current market cap of the company is Rs. 10900.01 crore.

The promoters holding in the company stood at 89.97%, while Institutions and Non-Institutions held 6.60% and 3.43% respectively.

SJVN is planning to set up 6,535 MW of capacity till 2021-22. In this regard, the company would invest around Rs 40,000 crore. The projects will have an average tariff of about Rs 4-5.5 a unit.

Meanwhile, the total outstanding dues of distribution utilities to SJVN is Rs 1,132 crore which is owed by Himachal Pradesh's state distribution utilities, BSES Rajdhani, BSES Yamuna and Uttar Pradesh. Of this, Himachal Pradesh’s utilities have the largest outstanding amount of Rs 595 crore.

SJVN is a joint venture between the Central government and Himachal Pradesh state government. The company owns and operates India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.

 

SJVN Share Price

110.45 -1.05 (-0.94%)
23-Dec-2024 12:34 View Price Chart
Peers
Company Name CMP
NTPC 333.60
Tata Power 400.00
Power Grid Corp 313.50
Adani Power 501.90
Torrent Power 1513.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.