SJVN’s base offer represents 2.46 per cent of the total issued and paid-up capital of the company. In an event of oversubscription, SJVN intends to buy additionally up to 9,66,72,961 shares
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.
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SJVN said the company participated in the tariff based competitive bidding for setting up 1,200 mw Inter State Transmission System connected Wind Projects in India (Phase - XIII) conducted by Solar Energy Corporation of India