SJVN share jumped 3.7% after getting ‘Navratna’ status from the Government of India.
On Thursday, the government granted ‘Navratna’ status to SJVN, the state-owned hydropower firm. The firm will benefit from the granting of ‘Navratna’ status in terms of better market reputation and the ability to take on larger PPP projects. SJVN is a CPSE with a yearly turnover of Rs 2833 crores and a net profit of Rs 908 crores in FY 2023-24.
Stock Performance
– Open: ₹140.00
– High: ₹140.00
– Low: ₹137.15
As of 9:37 am, SJVN shares were trading 3.19% higher at Rs 137.60 on the NSE.
