Shares of power producer SJVN Ltd on Wednesday jumped over 7 per cent after the company said it has inked an initial pact with Power Finance Corporation (PFC) to get finance for its projects worth Rs 1.18 lakh crore.
The stock rallied 6.78 per cent to settle at Rs 81.75 apiece on the BSE. During the day, it jumped 9.31 per cent to reach its 52-week high of Rs 83.69.
On the NSE, it climbed 7.11 per cent to end at Rs 82.10 per piece.
The company added Rs 2,039.57 crore taking its market valuation to Rs 32,126.08 crore.
