SJVN shines despite reporting 6% fall in Q2 net profit

30 Oct 2012 Evaluate

SJVN is currently trading at Rs. 19.70, up by 0.10 points or 0.51% from its previous closing of Rs. 19.60 on the BSE.

The scrip opened at Rs. 19.65 and has touched a high and low of Rs. 19.90 and Rs. 19.40 respectively. So far 78,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.05 on 31-Oct-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. 19.90 and Rs. 19.40 respectively. The current market cap of the company is Rs. 8107.79 crore.

The promoters holding in the company stood at 89.97% while Institutions and Non-Institutions held 3.90% and 6.13% respectively.

SJVN has reported results for second quarter ended September 30, 2012.

The company has registered a fall of 5.86% in its net profit at Rs 387.03 crore for the quarter ended September 30, 2012 as compared to Rs 411.10 crore for the same quarter in the previous year. Net revenue from operations has decreased by 2.78% at Rs 606.44 crore for quarter under review as compared to Rs 623.81 crore for the quarter ended September 30, 2011.

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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