SJVN Share Price | Multibagger SJVN stock rises, beneficial updates on the company – NSE: SJVN
SJVN Share Price | Shares of SJVN Limited Company are rising rapidly. SJVN Limited company got big contract from Rajasthan government due to rise in shares. (NSE: SJVN) Is. SJVN Limited has won a major contract for the development of 7 GW project. This stock which gives multibagger returns to investors has seen sluggishness in the last few months.
Current Status of SJVN Stock
SJVN shares were trading 4.17 per cent higher at Rs 107.75 on Friday, November 22. After some time, shares of SJVN Limited Company increased by 6 percent to Rs 107.75. SJVN stock has given multibagger returns to investors. SJVN stock has a 52-week high of Rs 161.45 and a 52-week low of Rs 80.20 per share. The total market cap of SJVN company is Rs 42,206 crore.
contract details
SJVN Limited has received the contract from the Government of Rajasthan to develop 7 GW renewable energy project. The contract includes 5 GW pumped and 2 GW floating solar project.
Company's financial position strong
The financial position of SJVN Limited Company is strong. SGVN Ltd had reported a net profit of Rs 441.14 crore in the second quarter. In the same quarter of the previous financial year, SJVN had earned a net profit of Rs 439.64 crore.
Stock gave 336.92% return
SJVN stock has declined 26.33% in the last six months. SJVN stock has returned 32.88% in the last 1 year. Over the last five years, SJVN stock has returned 336.92%. Long term investors have given 336.03% return. SJVN stock has returned 15.93% on a YTD basis.
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