SJVN declines on reporting 9% fall in Q1 net profit

24 Jul 2012 Evaluate

SJVN is currently trading at Rs. 19.80, down by 0.20 points or 1.00% from its previous closing of Rs. 20.00 on the BSE.

The scrip opened at Rs. 20.05 and has touched a high and low of Rs. 20.05 and Rs. 19.65 respectively. So far 27238 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.80 on 05-Sep-2011 and a 52 week low of Rs. 18.40 on 28-May-2012.

Last one week high and low of the scrip stood at Rs. 20.65 and Rs. 19.65 respectively. The current market cap of the company is Rs. 8231.89 crore.

The promoters holding in the company stood at 89.97% while Institutions and Non-Institutions held 3.94% and 6.10% respectively.

SJVN has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 9.46% in its net profit at Rs 315.27 crore for the quarter under review as compared to Rs 348.21 crore for the same quarter in the previous year. Moreover, the net income from operation of the company has decreased by 8.68% at Rs 557.26 crore for Q1FY13 as compared Rs 610.23 crore for the corresponding quarter previous year.

SJVN is a joint venture between the Central government and Himachal Pradesh state government.

SJVN Share Price

111.50 -2.65 (-2.32%)
20-Dec-2024 16:59 View Price Chart
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