SJVN hits new high, up 5% on securing new orders
Shares of Satluj Jal Vidyut Nigam (SJVN) hit a new high at Rs 63.80, on rallying 5 per cent on the BSE in Tuesday’s intra-day trade backed by heavy volume owing to winning new orders.
The stock so far has rallied over 9 per cent so far this month, and has zoomed a whopping 92 per cent so far in the fiscal year 2023-24. In comparison, the S&P BSE Sensex was down around 2.5 so far this month, and up around 11 per cent in FY24.
At 10:30 AM; SJVN quoted 3 per cent higher at Rs 62.70 on trades of around 20.73 lakh shares as against the two-week average volume of around 13.29 lakh shares on the BSE.
