Get latest articles and stories on Latest News at LatestLY. State-owned SJVN Ltd on Monday said its arm SJVN Green Energy Ltd (SGEL) has inked two pacts with Punjab State Power Corporation to supply 1,200 MW of solar power from its projects. Latest News | SJVN Inks Two Pacts to Supply 1,200 MW Solar Power to Punjab.
Technically, the day RSI (14) is at 81.2. The RSI below 30 is considered oversold and above 70 is overbought, Trendlyne data showed. MACD is at 2.6, which is above its center and signal Line, this is a bullish indicator.
SJVN stock hit a 52-week high of Rs 57.20, rising 14.17% today against the previous close of Rs 50.10 on BSE. Market cap of the firm rose to Rs 22,112 crore.
SJVN Green Energy Ltd receives LOI from Punjab State Power Corporation Ltd for procuring 1200MW solar power equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
SJVN Green Energy, a wholly owned subsidiary of SJVN, has secured a contract for developing and manufacturing 1,200 MW of solar energy worth INR70bn ($944m) from Punjab State Power Corporation. The deal involves SGEL developing 1,000 MW of solar infrastructure from anywhere in India, with a 200 MW set-up in Punjab.