SJVN Ltd

The headline equity indices traded with substantial gains in the mid-morning trade, as buying in blue-chip stocks lifted investor sentiment. The Nifty traded above the 23,250 mark. Consumer durables shares advanced after declining in the past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 453.71 points or 0.60% to 76,478.36. The Nifty 50 index added 111.40 points or 0.48% to 23,277.10. In the broader market, the S&P BSE Mid-Cap index rose 0.94% and the S&P BSE Small-Cap index added 0.66%. The market breadth was strong. On the BSE, 2,619 shares rose and 1,099 shares fell. A total of 177 shares were unchanged. Economy: India's manufacturing sector growth recovered the ground lost in February, picking up to its highest in eight months as a faster upturn in total sales underpinned a sharper increase in output. March's acceleration came despite a mild slowdown in international order growth. Buoyant demand led companies to tap into their inventories to meet increased client appetite, resulting in the most rapid decline in finished goods stocks since January 2022. Firms aimed to counter declining stock levels by acquiring additional inputs for their production processes at the quickest pace seen in seven months. Meanwhile, a stronger increase in purchase prices contrasted with a softer rise in selling charges. Registering 58.1 in March, the seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) was up from 56.3 in February to its highest mark in eight months. The latest reading showed a substantial improvement in the health of the sector that was above its long-run average. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.97% to 13.65. The Nifty 24 April 2025 futures were trading at 23,415.35 at a premium of 138.25 points as compared with the spot at 23,277.10. The Nifty option chain for the 24 April 2025 expiry showed a maximum call OI of 42.6 lakh contracts at the 23,500 strike price. Maximum put OI of 47.7 lakh contracts was seen at 23,500 strike price. Buzzing Index: The Nifty Consumer Durables index jumped 1.41% to 35,251.05. The index fell 2.97% in the past two consecutive trading sessions. Kalyan Jewellers India (up 6.78%), Dixon Technologies (India) (up 2.31%), Titan Company (up 1.93%), Amber Enterprises India (up 1.61%), Whirlpool of India (up 1.53%), Blue Star (up 1.19%), V-Guard Industries (up 0.87%), Century Plyboards (India) (up 0.65%), Bata India (up 0.35%) and Cera Sanitaryware (up 0.33%) advanced. On the other hand, Kajaria Ceramics (down 2.18%), Crompton Greaves Consumer Electricals (down 1.85%) and PG Electroplast (down 0.51%) edged lower. Stocks in Spotlight: SJVN added 1.48% after the company announced that its wholly owned subsidiary, SJVN Green Energy (SGEL), has successfully completed the trial run of 241.77 MW capacity in Phase I of the 1,000 MW Bikaner Solar Power Project. Sandhar Technologies rallied 3.75% after the company said that its wholly-owned subsidiary, Sandhar Ascast, has acquired Sundaram-Clayton's 'high-pressure and low-pressure aluminum die casting' business at its Hosur plant. NMDC rose 0.17%. The company has reported a 26.95% decline in iron ore production in March 2025 to 3.55 million tonnes (MT), compared to 4.86 MT recorded in the same month of the previous year. Powered by Capital Market - Live

According to an exchange filing, SGEL achieved this significant milestone on March 31, 2025. The capacity is now operational and is set to achieve Commercial Operation Date (COD) on 2 April 2025. The Bikaner Solar Power Project, with a total planned capacity of 1,000 MW, is slated for full commissioning by 30 September 2025. Upon completion, SGEL will supply the generated solar power to three states: Rajasthan, Jammu & Kashmir, and Uttarakhand. This project is expected to make a substantial contribution to India's goal of achieving 500 GW of non-fossil fuel capacity by 2030. It also aligns with SJVN's vision of becoming a 25,000 MW company by 2030 and 50,000 MW by 2040. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. The company's consolidated net profit fell 66.2% to Rs 149.03 crore in Q3 FY25 as against Rs 441.14 crore posted in Q2 FY24. Revenue from operations declined 34.6% QoQ to Rs 670.99 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

SJVN has signed a Memorandum of Understanding (MoU) the Government of Chhattisgarh and Chhattisgarh State Power Generation Company (CSPGCL) for the development of 1800 MW Pumped Storage Project (PSP) at Kotpali in the state of Chhattisgarh. The signing of this MoU marks a significant step in enhancing India's energy security and supporting the transition to a clean and sustainable power sector. Total investment for the project is estimated at Rs 9500 crore, with direct and indirect employment benefits expected for 5000 people during its development phase. The Kotpali PSP is a off stream closed loop type PSP in Balrampur District of Chhattisgarh with an installed capacity of 1800 MW designed to generate energy around 3967 MU.Powered by Capital Market - Live

Total investment for the project is estimated at Rs 9,500 crore, with direct and indirect employment benefits expected for 5,000 people during its development phase. The Kotpali PSP is a off-stream closed-loop type PSP in Balrampur district of Chhattisgarh with an installed capacity of 1800 MW, designed to generate energy around 3967 MU. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. The company's consolidated net profit fell 66.2% to Rs 149.03 crore in Q3 FY25 as against Rs 441.14 crore posted in Q2 FY24. Revenue from operations declined 34.6% QoQ to Rs 670.99 crore in the quarter ended 31 December 2024. The counter declined 1.67% to Rs 86.30 on the BSE. Powered by Capital Market - Live

SJVN Ltd rose for a third straight session today. The stock is quoting at Rs 88.09, up 1.74% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74133.19, up 0.55%. SJVN Ltd has dropped around 7.65% in last one month. Meanwhile, Nifty Energy index of which SJVN Ltd is a constituent, has dropped around 3.73% in last one month and is currently quoting at 31099.45, up 1.59% on the day. The volume in the stock stood at 41.23 lakh shares today, compared to the daily average of 75.93 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 88.04, up 2.22% on the day. SJVN Ltd is down 27.91% in last one year as compared to a 0.19% fall in NIFTY and a 21.61% fall in the Nifty Energy index.The PE of the stock is 37.34 based on TTM earnings ending December 24.Powered by Capital Market - Live

SJVN Ltd dropped for a fifth straight session today. The stock is quoting at Rs 84.03, down 4.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.SJVN Ltd has lost around 8.06% in last one month.Meanwhile, Nifty Energy index of which SJVN Ltd is a constituent, has eased around 8.09% in last one month and is currently quoting at 30659.25, down 2.25% on the day. The volume in the stock stood at 58.06 lakh shares today, compared to the daily average of 84.93 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 80.29, down 3.97% on the day. SJVN Ltd tumbled 30.64% in last one year as compared to a 0.67% rally in NIFTY and a 22.84% fall in the Nifty Energy index.The PE of the stock is 37.83 based on TTM earnings ending December 24.Powered by Capital Market - Live

SJVN Ltd is up for a third straight session in a row. The stock is quoting at Rs 92.27, up 2.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 22896.3. The Sensex is at 75716.6, down 0.29%. SJVN Ltd has dropped around 6.7% in last one month. Meanwhile, Nifty Energy index of which SJVN Ltd is a constituent, has dropped around 7.72% in last one month and is currently quoting at 31198.5, up 1.48% on the day. The volume in the stock stood at 45.27 lakh shares today, compared to the daily average of 85.89 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 91.72, up 3.39% on the day. SJVN Ltd is down 23.62% in last one year as compared to a 3.81% spurt in NIFTY and a 19.41% spurt in the Nifty Energy index.The PE of the stock is 38.81 based on TTM earnings ending December 24.Powered by Capital Market - Live

Revenue from operations declined 34.6% QoQ to Rs 670.99 crore in the quarter ended 31 December 2024. On a year-on-year (YoY) basis, the company's consolidated net profit increased by 7.2%, rising from Rs 138.97 crore in Q3 FY24. Revenue from operations saw a significant jump of 23.5%, growing from Rs 543.31 crore in Q3 FY24. Profit before tax was at Rs 194.62 crore in the third quarter of FY25, up 11.5% as against Rs 174.46 crore posted in Q3 FY24. Total expenses surged 35.6% year on year to Rs 567.28 crore in the quarter ended 31 December 2024. Employee benefit expenses stood at Rs 79.10 crore (up 20.8% YoY) and finance cost stood at Rs 221.71 crore (up 81.2% YoY) during the period under review. On nine-month basis, the company's consolidated net profit rose 11.4% to Rs 947.26 crore on 22.5% increase in revenue from operations to Rs 2,567.61 crore in 9M FY25 over 9M FY24. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. Powered by Capital Market - Live

SJVN announced that the Board of Directors of the Company at its meeting held on 13 February 2025, inter alia, have recommended the interim dividend of Rs 1.15 per equity Share (i.e. 11.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of SJVN rose 7.24% to Rs 149.03 crore in the quarter ended December 2024 as against Rs 138.97 crore during the previous quarter ended December 2023. Sales rose 23.50% to Rs 670.99 crore in the quarter ended December 2024 as against Rs 543.31 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales670.99543.31 24 OPM %68.1467.82 - PBDT326.40320.38 2 PBT188.91208.26 -9 NP149.03138.97 7 Powered by Capital Market - Live