# SJVN (SJVN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sjvn

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹57.1
- Change: -0.78%
- As of: 2026-11-06
- 1D return: -0.78%
- 5D return: +6.95%
- 1M return: +5.27%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

SJVN (₹57.10) exhibits a sharp divergence between short-term momentum and longer-term trend structure. On the daily chart, price sits above the 20-period EMA and SMA with a bullish Supertrend, supported by an established ADX of 36.98. This aligns with recent extreme upward anomalies on November 2nd (+5.8%) and November 5th (+2.7%). However, this daily strength is contradicted by weekly and monthly timeframes, where price remains below all major moving averages and the Supertrend indicates bearish trends. The stock is trading near the upper end of its 20-day range (+85.4%) but remains in the lower-middle of its 252-day range (+25.5%), reflecting a significant long-term drawdown of -48.5%. High participation on the latest downward move (-0.8% return, volume ratio 4.75) suggests potential resistance at immediate levels like ₹57.35 and ₹57.51.

- Timeframe Conflict: Daily indicators are bullish (price  20/50 EMAs, Supertrend up), while weekly and monthly structures remain bearish (price  all MAs, Supertrend down).
- Momentum & Participation: Recent extreme volume spikes accompanied price moves on Nov 2 and Nov 5; however, Nov 6 saw high-participation downward pressure (volume ratio 4.75) despite a small -0.8% decline.
- Key Levels: Immediate resistance exists at ₹57.35 (0.44% above) and ₹57.51 (0.72% above); support is found at ₹56.95 (0.27% below) and ₹56.34 (1.33% below).
- Risk Profile: Annualized volatility is high at +33.7% with an ATR of 4.19%; the stock is currently -48.5% from its available high.

- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar
- Doji

### News Context

In the seven-day window ending November 5, 2026, SJVN reported a significant diplomatic and operational development regarding its international portfolio. On November 5, Chairman Bhupender Gupta met with senior Nepal government officials in Kathmandu to expedite the implementation of 1,569-MW hydropower projects. The discussions specifically targeted resolving land issues and clearances for the Arun-3 project and securing pre-construction approvals for Lower Arun, aiming to ensure timely execution through coordinated efforts between SJVN subsidiaries and Nepalese authorities.

Separately, on November 1, Sumeet Bagadia, Executive Director at Choice Broking, issued buy recommendations for SJVN shares priced under ₹100, providing specific entry points, targets, and stop-loss levels. This analyst view coincided with broader market focus on energy stocks, though SJVN itself was not among the companies reporting quarterly earnings results during this period.

- {'date': '2026-11-05', 'development': 'SJVN Chairman held talks with Nepal government officials to expedite 1,569-MW hydropower projects, focusing on land issues and clearances for Arun-3 and pre-construction approvals for Lower Arun.'}
- {'date': '2026-11-01', 'development': 'Choice Broking Executive Director Sumeet Bagadia recommended buying SJVN shares (priced under ₹100), citing specific entry points, targets, and stop-loss levels.'}

- [SJVN holds talks with Nepal government to expedite 1,569-MW hydropower projects](https://economictimes.indiatimes.com/industry/renewables/sjvn-holds-talks-with-nepal-government-to-expedite-1569-mw-hydropower-projects/articleshow/135565312.cms)
- [Top stocks to watch today: Reliance Industries, Jio Platforms, NTPC, ITC shares in focus on Monday, 2 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-reliance-industries-jio-platforms-ntpc-itc-shares-in-focus-on-monday-2-nov-full-list-11793583063816.html)
- [Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-jio-platforms-mm-cdsl-itc-ntpc-iocl-and-hero-motocorp/articleshow/135432220.cms)
- [Best stocks to buy under ₹100: Sumeet Bagadia recommends 3 shares to buy — SJVN, NHPC, Bank of Maharashtra | Targets](https://www.livemint.com/market/stock-market-news/best-stocks-to-buy-under-rs-100-sumeet-bagadia-recommends-3-shares-to-buy-sjvn-nhpc-bank-of-maharashtra-targets-11793466108474.html)

### Official Filings

SJVN Limited reported consolidated revenue of ₹3,638.70 crore and a profit of ₹882.46 crore for the half-year ended September 30, 2026, with unmodified audit review conclusions. The Board granted in-principle approval to merge wholly owned subsidiary SJVN Thermal Private Limited (STPL), which operates the 1,320 MW Buxar Thermal Power Plant, into the parent company to consolidate operations and reduce costs; this requires Government of India approval. Separately, KPI Green Energy Limited executed a 25-year Power Purchase Agreement with SJVN for a 300 MW wind project at a fixed tariff of ₹3.64 per unit, securing long-term revenue visibility for the capacity. Governance updates include the appointment of Shri Raman Gharsangi as a Part-Time Official Director on October 14, 2026.

- H1 FY2026 Financials: Consolidated revenue of ₹3,638.70 crore and profit of ₹882.46 crore for the period ended September 30, 2026, reviewed by statutory auditors with unmodified conclusions.
- Proposed Merger: In-principle Board approval to merge STPL (1,320 MW Buxar plant) into SJVN to streamline operations; pending Government of India and regulatory approvals.
- New PPA Execution: KPI Green Energy signed a 25-year agreement for 300 MW ISTS-connected wind power supply to SJVN at a fixed tariff of ₹3.64 per unit, effective within 24 months.
- Board Appointment: Shri Raman Gharsangi appointed as Part-Time Official Director (Government of Himachal Pradesh Nominee) effective October 14, 2026.

- [KPI Green Energy Limited has informed the Exchange regarding 'Execution of Power Purchase Agreement (PPA) with SJVN Limited for 300 MW ISTS-Connected Wind Power Project'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/KPIGLOBAL_03112026115651_10_KPI_Green_SJVN_300MW_Wind_PPA_03112026_Signed.pdf)
- [SJVN Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SJVN_30102026151326_fr.pdf)
- [SJVN Limited has informed the Exchange about Amalgamation/Merger |SUBJECT: Amalgamation/Merger](https://nsearchives.nseindia.com/corporate/SJVN_30102026152058_stock_exchange_intimation_-_merger.pdf)
- [SJVN Limited has informed the Exchange regarding Amalgamation/ Merger |SUBJECT: Amalgamation OR Merger-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_3280_WebXMLFile_20261030_153726092.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749825_30102026033807_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749824_30102026033800_WEB.xml)
- [Financial Results |Meeting Date: 30-Oct-2026](https://nsearchives.nseindia.com/corporate/SJVN_23102026160937_pi.pdf)
- [Board Meeting Intimation |Meeting Date: 30-Oct-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3280_WebXMLFile_20261023_161348341.xml)
- [SJVN Limited has informed the Exchange about Board Meeting to be held on 30-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3280_WebXMLFile_20261023_161348341.xml)
- [SJVN Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/SJVN_16102026114630_bp.pdf)

### Fundamentals

SJVN’s operating trajectory has shifted from steady expansion to a high-growth phase, driven by the capitalization of projects. In Q2 FY2026-27 (Sep 2026), revenue surged 117% YoY to ₹2,244 crore, while net profit more than doubled to ₹658 crore and operating profit rose 84% to ₹1,585 crore. This growth is underpinned by a significant balance-sheet transformation: Capital Work in Progress (CWIP) fell sharply from ₹26,414 crore (Mar 2025) to ₹15,911 crore (Sep 2026), with Fixed Assets rising correspondingly from ₹11,610 crore to ₹28,467 crore.

However, earnings quality faces headwinds from rising finance costs. Interest expenses climbed to ₹488 crore in Q2 FY2026-27, up from ₹315 crore a year prior, contributing to a decline in Cash from Operating Activity (CFO) to ₹1,860 crore for Mar 2026 from ₹2,483 crore in Mar 2025. The Cash Conversion Cycle deteriorated significantly to 162 days (Mar 2026) from 34 days (Mar 2025). While promoter holding remains stable at 81.85%, institutional investors have reduced stakes slightly. The key trade-off is between accelerated asset-led revenue recognition and the pressure on margins from higher interest outflows.

- Revenue and profit growth are accelerating: Q2 FY2026-27 sales grew 117% YoY to ₹2,244 crore, with net profit jumping to ₹658 crore.
- Asset base is expanding rapidly as CWIP declines to ₹15,911 crore (Sep 2026) and Fixed Assets rise to ₹28,467 crore, signaling project commissioning.
- Finance costs are rising sharply: Interest expense increased to ₹488 crore in Q2 FY2026-27, pressuring cash conversion which dropped to 162 days (Mar 2026).
- Cash flow from operations weakened to ₹1,860 crore (Mar 2026) from ₹2,483 crore (Mar 2025), despite strong top-line growth.

### Bear Case

SJVN faces significant downside pressure, evidenced by a current drawdown of -48.5% from its peak and a maximum drawdown of -57.2%. The stock has declined 33.6% over the past year and is down 23.6% year-to-date as of November 6, 2026. Technical indicators reinforce this caution: while the daily trend is bullish, the weekly and monthly trends are bearish, with the ADX at 29.07 on the weekly chart indicating strong directional momentum in a downward direction. High annualized volatility of 33.7% and an ATR of 4.19% suggest elevated price instability. Although recent news highlights talks to expedite hydropower projects in Nepal, these operational developments have not yet translated into positive price action or trend reversal signals.

- SJVN's share price has suffered a severe decline, with a current drawdown of -48.5% and a one-year return of -33.6%, reflecting substantial investor losses.
- Weekly and monthly technical trends are bearish, contrasting with a short-term daily bullish signal, suggesting underlying medium-term weakness despite recent minor rallies.
- High volatility metrics, including 33.7% annualized volatility and a 4.19% Average True Range, indicate persistent price instability and risk for holders.
- Resistance levels are clustered closely above the current price (₹57.10), with immediate resistance at ₹57.35, limiting upside potential in the near term.

- [SJVN holds talks with Nepal government to expedite 1,569-MW hydropower projects](https://economictimes.indiatimes.com/industry/renewables/sjvn-holds-talks-with-nepal-government-to-expedite-1569-mw-hydropower-projects/articleshow/135565312.cms)
- [Top stocks to watch today: Reliance Industries, Jio Platforms, NTPC, ITC shares in focus on Monday, 2 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-reliance-industries-jio-platforms-ntpc-itc-shares-in-focus-on-monday-2-nov-full-list-11793583063816.html)
- [Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-jio-platforms-mm-cdsl-itc-ntpc-iocl-and-hero-motocorp/articleshow/135432220.cms)
- [Best stocks to buy under ₹100: Sumeet Bagadia recommends 3 shares to buy — SJVN, NHPC, Bank of Maharashtra | Targets](https://www.livemint.com/market/stock-market-news/best-stocks-to-buy-under-rs-100-sumeet-bagadia-recommends-3-shares-to-buy-sjvn-nhpc-bank-of-maharashtra-targets-11793466108474.html)
- [KPI Green Energy Limited has informed the Exchange regarding 'Execution of Power Purchase Agreement (PPA) with SJVN Limited for 300 MW ISTS-Connected Wind Power Project'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/KPIGLOBAL_03112026115651_10_KPI_Green_SJVN_300MW_Wind_PPA_03112026_Signed.pdf)
- [SJVN Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SJVN_30102026151326_fr.pdf)
- [SJVN Limited has informed the Exchange about Amalgamation/Merger |SUBJECT: Amalgamation/Merger](https://nsearchives.nseindia.com/corporate/SJVN_30102026152058_stock_exchange_intimation_-_merger.pdf)
- [SJVN Limited has informed the Exchange regarding Amalgamation/ Merger |SUBJECT: Amalgamation OR Merger-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_3280_WebXMLFile_20261030_153726092.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749825_30102026033807_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749824_30102026033800_WEB.xml)

### FAQs

**What financial results did SJVN report for the half-year ended September 30, 2026?**

SJVN reported consolidated revenue from operations of ₹3,638.70 crore and a profit of ₹882.46 crore for the half-year ended September 30, 2026. The Board approved these unaudited standalone and consolidated results on October 30, 2026.

**Is SJVN planning any corporate restructuring or mergers?**

Yes. On October 30, 2026, the Board gave in-principle approval to merge its wholly owned subsidiary, SJVN Thermal Private Limited (STPL), into SJVN Limited. STPL operates the 1,320 MW Buxar Thermal Power Plant in Bihar. This move aims to consolidate operations and reduce costs, subject to Government of India approvals.

**Has SJVN secured new power purchase agreements recently?**

On November 3, 2026, KPI Green Energy Limited announced it executed a Power Purchase Agreement with SJVN for a 300 MW ISTS-connected wind power project. The agreement sets a fixed tariff of ₹3.64 per unit for 25 years, with power supply commencing within 24 months.

**How has SJVN's stock performance trended over the past year?**

As of November 6, 2026, SJVN shares closed at ₹57.10. The stock has declined -33.6% over the past year and -23.6% year-to-date. It is currently trading near resistance levels around ₹57.35–₹57.51, while technical indicators show a bullish daily trend but a bearish monthly and weekly trend.

- [SJVN holds talks with Nepal government to expedite 1,569-MW hydropower projects](https://economictimes.indiatimes.com/industry/renewables/sjvn-holds-talks-with-nepal-government-to-expedite-1569-mw-hydropower-projects/articleshow/135565312.cms)
- [Top stocks to watch today: Reliance Industries, Jio Platforms, NTPC, ITC shares in focus on Monday, 2 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-reliance-industries-jio-platforms-ntpc-itc-shares-in-focus-on-monday-2-nov-full-list-11793583063816.html)
- [Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-jio-platforms-mm-cdsl-itc-ntpc-iocl-and-hero-motocorp/articleshow/135432220.cms)
- [Best stocks to buy under ₹100: Sumeet Bagadia recommends 3 shares to buy — SJVN, NHPC, Bank of Maharashtra | Targets](https://www.livemint.com/market/stock-market-news/best-stocks-to-buy-under-rs-100-sumeet-bagadia-recommends-3-shares-to-buy-sjvn-nhpc-bank-of-maharashtra-targets-11793466108474.html)
- [KPI Green Energy Limited has informed the Exchange regarding 'Execution of Power Purchase Agreement (PPA) with SJVN Limited for 300 MW ISTS-Connected Wind Power Project'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/KPIGLOBAL_03112026115651_10_KPI_Green_SJVN_300MW_Wind_PPA_03112026_Signed.pdf)
- [SJVN Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SJVN_30102026151326_fr.pdf)
- [SJVN Limited has informed the Exchange about Amalgamation/Merger |SUBJECT: Amalgamation/Merger](https://nsearchives.nseindia.com/corporate/SJVN_30102026152058_stock_exchange_intimation_-_merger.pdf)
- [SJVN Limited has informed the Exchange regarding Amalgamation/ Merger |SUBJECT: Amalgamation OR Merger-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_3280_WebXMLFile_20261030_153726092.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749825_30102026033807_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749824_30102026033800_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Downtrend
- Pivot point: ₹57.51
- Risk regime: Higher Price Risk

### Support levels
- 53.66
- 46.08
- 56.94666666666666

### Resistance levels
- 57.35
- 58.98
- 73.2

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.78% |
| return_10 | +20.46% |
| return_1m | -0.28% |
| return_1y | -33.55% |
| return_20 | +5.27% |
| return_3m | -16.56% |
| return_5 | +6.95% |
| return_6m | -28.57% |
| return_since_start | -48.49% |
| return_ytd | -23.60% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -57.24% |
| annualized_volatility | +33.71% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# SJVN Limited FY2026-27 Q2: Profit for the period reaches ₹658 crore

SJVN’s consolidated revenue from operations rose 61% quarter-on-quarter to ₹2,244 crore in Q2 FY2026-27, while profit for the period increased to ₹658 crore from ₹225 crore in Q1. Revenue and profit were also more than double their levels in Q2 FY2025-26. Expenses and finance costs rose as well, and the September balance sheet showed higher assets and liabilities than at 31 March 2026.

## Revenue and profit rise from both comparison quarters

Revenue from operations was ₹2,244 crore, compared with ₹1,394 crore in Q1 FY2026-27 and ₹1,032 crore in Q2 FY2025-26. Income totalled ₹2,290 crore, up from ₹1,429 crore in Q1.

Expenses increased 30% quarter-on-quarter to ₹1,410 crore from ₹1,084 crore. Profit before tax reached ₹880 crore, versus ₹345 crore in Q1 FY2026-27 and ₹420 crore in Q2 FY2025-26. Tax expense was ₹232 crore, up from ₹86 crore in the prior quarter. Profit for the period rose to ₹658 crore from ₹225 crore in Q1 and ₹308 crore a year earlier. Comprehensive income was ₹660 crore.

## Finance costs increase

Finance costs rose 50% quarter-on-quarter to ₹488 crore from ₹326 crore in Q1 FY2026-27. They were also higher than the ₹315 crore reported in Q2 FY2025-26.

## Assets and liabilities expand

Total assets were ₹54,084 crore at 30 September 2026, up from ₹51,766 crore at 31 March 2026. Property, plant and equipment increased to ₹28,454 crore from ₹23,458 crore over the same period.

Total liabilities rose to ₹39,091 crore from ₹37,516 crore. Noncurrent liabilities were ₹32,034 crore at September-end. Current borrowings, by contrast, declined to ₹2,864 crore from ₹4,971 crore at 31 March 2026.

Trade receivables increased to ₹2,440 crore from ₹2,009 crore at 31 March 2026 and ₹998 crore at 30 September 2025. Equity attributable to owners of the parent was ₹14,983 crore, compared with ₹14,239 crore at 31 March 2026.

## Key Takeaway

SJVN delivered sharply higher revenue and profit in Q2 FY2026-27 than in either the prior quarter or the year-earlier quarter, alongside increased expenses and finance costs. The balance sheet also expanded from March, with receivables rising and current borrowings falling as noncurrent liabilities increased.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +81.85%
- FII holding: +2.79%
- DII holding: +3.74%
- Mutual fund holding: +0.84%
- Retail holding: +9.14%
- Promoter pledged: +0.00%

### Major reported shareholders

- President of India — +55.00%
- Governor of Himachal Pradesh — +26.85%
- Life Insurance Corporation of India — +2.76%

## Official filings

- 2026-11-03 — Generic Announcement: KPI Green Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KPIGLOBAL_03112026115651_10_KPI_Green_SJVN_300MW_Wind_PPA_03112026_Signed.pdf)
- 2026-10-30 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_30102026151326_fr.pdf)
- 2026-10-30 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_30102026152058_stock_exchange_intimation_-_merger.pdf)
- 2026-10-30 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_3280_WebXMLFile_20261030_153726092.xml)
- 2026-10-30 — Financial Results Filing: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749825_30102026033807_WEB.xml)
- 2026-10-30 — Financial Results Filing: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1749824_30102026033800_WEB.xml)
- 2026-10-23 — Board Meeting Notice: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_23102026160937_pi.pdf)
- 2026-10-23 — Board Meeting Notice: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3280_WebXMLFile_20261023_161348341.xml)
- 2026-10-23 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3280_WebXMLFile_20261023_161348341.xml)
- 2026-10-16 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_16102026114630_bp.pdf)
- 2026-10-14 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3280_WebXMLFile_20261014_181056451.xml)
- 2026-10-12 — Management Change: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_12102026174020_rs.pdf)
- 2026-10-08 — Shareholding Disclosure: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1734117_08102026114024_WEB.xml)
- 2026-10-08 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_08102026114235_74.pdf)
- 2026-09-30 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_30092026142934_minutes.pdf)
- 2026-09-29 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_29092026164421_twc.pdf)
- 2026-09-29 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3280_WebXMLFile_20260929_164536690.xml)
- 2026-09-18 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_18092026121106_2.pdf)
- 2026-09-11 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_11092026174237_1.pdf)
- 2026-09-11 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_3280_WebXMLFile_20260911_174935224.xml)
- 2026-09-02 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_02092026113655_44.pdf)
- 2026-08-31 — Press Release: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_31082026191614_2.pdf)
- 2026-08-31 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_31082026191234_1.pdf)
- 2026-08-26 — Generic Announcement: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_26082026115617_1.pdf)
- 2026-08-12 — Press Release: SJVN Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SJVN_12082026112024_1.pdf)

## News and market events

- 2026-11-05 — Economic Times: **SJVN holds talks with Nepal government to expedite 1,569-MW hydropower projects** — SJVN Ltd chairman Bhupender Gupta met with senior Nepal government officials in Kathmandu to expedite the implementation of 1,569-MW hydropower projects, specifically addressing land issues and clearances for the Arun-3 project and pre-construction approvals for Lower Arun. The discussions involved resolving specific challenges through coordinated efforts between SJVN subsidiaries and Nepalese authorities to ensure timely execution. These initiatives are part of broader India-Nepal energy cooperation aimed at strengthening regional energy security and promoting sustainable power generation. — [Source](https://economictimes.indiatimes.com/industry/renewables/sjvn-holds-talks-with-nepal-government-to-expedite-1569-mw-hydropower-projects/articleshow/135565312.cms)
- 2026-11-02 — Mint: **Top stocks to watch today: Reliance Industries, Jio Platforms, NTPC, ITC shares in focus on Monday, 2 Nov | Full list** — Shares of ITC, Marico, NALCO, NLC India, Container Corporation of India, and Tata Investment Corporation are scheduled to release their Q2 FY2026 financial results on Monday, November 2, 2026. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-reliance-industries-jio-platforms-ntpc-itc-shares-in-focus-on-monday-2-nov-full-list-11793583063816.html)
- 2026-11-02 — Economic Times: **Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorp** — Several major Indian companies reported their quarterly earnings results, with Reliance Industries, Jio Platforms, NTPC Green Energy, CDSL, NTPC, Bank of Baroda, GAIL, Bharat Electronics, and Mahindra & Mahindra showing profit growth, while Sun Pharma reported a decline due to exceptional charges. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-reliance-industries-jio-platforms-mm-cdsl-itc-ntpc-iocl-and-hero-motocorp/articleshow/135432220.cms)
- 2026-11-01 — Mint: **Best stocks to buy under  ₹100: Sumeet Bagadia recommends 3 shares to buy — SJVN, NHPC, Bank of Maharashtra | Targets** — Sumeet Bagadia, Executive Director at Choice Broking, issued buy recommendations for shares of SJVN, NHPC, and Bank of Maharashtra priced under ₹100, providing specific entry points, targets, and stop-loss levels. — [Source](https://www.livemint.com/market/stock-market-news/best-stocks-to-buy-under-rs-100-sumeet-bagadia-recommends-3-shares-to-buy-sjvn-nhpc-bank-of-maharashtra-targets-11793466108474.html)
- 2026-10-18 — Mint: **Energy stocks dividend leaderboard: Power Grid, NTPC, SJVN, NHPC or IREDA - Which power stock beats the rest on yield?** — Power Grid leads the five energy stocks in annual dividend yield at 3.08%, followed by NTPC at 2.63%. SJVN, NHPC and IREDA paid less than ₹2 per share in dividends over the past year, while their share-price returns varied. — [Source](https://www.livemint.com/market/stock-market-news/energy-stocks-dividend-leaderboard-power-grid-ntpc-sjvn-nhpc-or-ireda-which-power-stock-beats-the-rest-on-yield-11792318828215.html)
- 2026-10-15 — NEWS.WEBINDIA123.COM: **HP High Court directs SJVNL to pay solatium, interest to Luhri project landowners within three months** — The Himachal Pradesh High Court has directed SJVN Limited (SJVNL) to pay solatium, interest and other statutory benefits to landowners whose land was acquired for the 210 MW Luhri Hydro Electric Project (Stage-I), holding that the company is bound by the conditions imposed by the state government while approving negotiated land compensation rates. — [Source](https://news.webindia123.com/news/Articles/India/20261015/4511474.html)
- 2026-09-20 — Mint: **Best of the Week: Tata Sons’ boardroom standoff | Mint** — India's sugar problem; what the inflation data says about rate hikes; and Hyrox's entry into India's fitness scene. — [Source](https://www.livemint.com/newsletters/best-of-the-week/best-of-the-week-tata-sons-boardroom-standoff-11789741667479.html)
- 2026-09-18 — BUSINESS: **ACME Solar Holdings soars 6%, hits all-time high; stock up 103% in 8 months** — Analysts at HSBC believe ACME Solar is in a high growth phase adding significant capacity over the next two years; the brokerage maintains a 'Buy' rating on the stock. — [Source](https://www.business-standard.com/markets/news/acme-solar-holdings-soars-6-hits-all-time-high-stock-up-103-in-8-months-126091800563_1.html)
- 2026-09-16 — MONEYCONTROL: **Nepal-Tibet floods may push up insurance costs for Himalayan roads, hydropower projects** — Nepal-Tibet floods, Himalayan infrastructure insurance, hydropower insurance premiums, climate risk India, Sikkim GLOF, reinsurance costs India, run-of-the-river hydropower, road and bridge insurance, NHPC insurance expenses, infrastructure climate risk, Nepal floods 2026, parametric insurance India  Download the newsroom draft  Nepal_Tibet_floods_Himalayan_infrastructure_insurance.md Document — [Source](https://www.moneycontrol.com/news/business/nepal-tibet-floods-may-push-up-insurance-costs-for-himalayan-roads-hydropower-projects-14030740.html)
- 2026-09-16 — Mint: **Himalayan infra projects brace for a climate risk premium | Today News** — Climate change is making infrastructure in the Himalayas increasingly expensive to insure due to the rising incidents of flash floods, landslides, and glacial lake outburst floods. — [Source](https://www.livemint.com/news/himalayan-infra-climate-risk-insurance-premium-hike-nepal-bot-projects-natural-disaster-glacier-collapse-11789464834632.html)
- 2026-09-12 — Times of India: **Buxar power plant goes fully operational | Patna News - The Times of India** — Buxar Thermal Power Project at Chausa reaches full 1,320 MW as second 660 MW unit begins commercial operations; 85% power to Bihar under PPA. — [Source](https://timesofindia.indiatimes.com/city/patna/buxar-power-plant-goes-fully-operational/articleshow/134144401.cms)
- 2026-09-11 — Times of India: **Buxar thermal plant to achieve full 1,320MW capacity** — SJVN says 660 MW Unit-II of Buxar Thermal Power Project in Chausa, Bihar, begins commercial supply Sept 12, 2026, bringing total capacity to 1,320 MW. — [Source](https://timesofindia.indiatimes.com/city/patna/buxar-thermal-plant-to-achieve-full-1320mw-capacity/articleshow/134084920.cms)
- 2026-09-09 — REDIFF.COM: **Gains for power stocks depend on execution, valuations** — India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth. — [Source](https://www.rediff.com/business/report/india-power-sector-growth-renewables-capacity-expansion-and-investment-outlook/20260909.htm)
- 2026-09-09 — BUSINESSTODAY: **Top stocks in news: Biocon, TCS, Bank of Baroda, NLC India, Innovision, GE Shipping, Moschip, Raymond** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Biocon, TCS, Bank of Baroda, NLC India, Innovision, GE Shipping, Moschip, Raymond, Berger Paints, Tata Consultancy Services, Enviro Infra Engineers, Moschip Technologies, Great Eastern Shipping Company, Laxmi Organic Industries, Fermenta Biotech — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-biocon-tcs-bank-of-baroda-nlc-india-innovision-ge-shipping-moschip-raymond-554118-2026-09-09)
- 2026-09-08 — Mint: **Top stocks in focus today: Investors must watch Innovision, TCS, Bank of Baroda shares on Wed, 9 Sept | Triggers** — On September 9, Indian investors will focus on companies like NLC India, HMA Agro, and Tata Communications following key corporate developments. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-in-focus-today-investors-must-watch-innovision-tcs-bank-of-baroda-shares-on-wed-9-sept-triggers-11788875139167.html)
- 2026-09-08 — CNBC-TV18: **NLC India subsidiary gets Letter of Award for 200 MW wind project from SJVN** — Shares of NLC India Ltd ended at ₹272.20, up by ₹2.85, or 1.06%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/nlc-india-share-price-subsidiary-gets-letter-of-award-for-200-mw-wind-project-from-sjvn-19986994.htm)
- 2026-09-07 — Economic Times: **RVNL shares rise 2% after bagging Rs 903 crore order from SJVN Thermal** — RVNL shares gained nearly 2% after the company received a Rs 903 crore Letter of Award from SJVN Thermal for a railway infrastructure project linked to the 1320 MW Buxar Thermal Power Project in Bihar. The company also recently emerged as the L1 bidder for a Rs 404 crore East Coast Railway project. — [Source](https://economictimes.indiatimes.com/markets/rvnl-shares-rise-2-after-bagging-rs-903-crore-order-from-sjvn-thermal/articleshow/133865981.cms)
- 2026-09-07 — CNBC-TV18: **These four stocks are in focus after order wins worth over ₹900 crore and drug approvals by USFDA** — Most of the stocks that will be reacting to their respective order wins / drug approvals have delivered negative to flat returns so far this year. — [Source](https://www.cnbctv18.com/market/these-four-stocks-are-in-focus-after-order-wins-worth-over-%25e2%2582%25b9900-crore-and-drug-approvals-by-usfda-19985156.htm)
- 2026-09-07 — MONEYCONTROL: **Rail Vikas Nigam shares in focus on order win worth Rs 903 crore** — Rail Vikas Nigam,Rail Vikas Nigam share price,Rail Vikas Nigam share price live today — [Source](https://www.moneycontrol.com/news/business/markets/rail-vikas-nigam-shares-in-focus-on-order-win-worth-rs-903-crore-14023537.html)
- 2026-09-07 — Economic Times: **Stocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock and Lupin** — Indian equity markets experienced volatility, with the Nifty 50 extending its losing streak for four weeks. Escalating US-Iran hostilities pushed crude oil prices higher, impacting overall market sentiment. Several companies, including Tata Motors and Rail Vikas Nigam, are expected to be active on Monday. Mazagon Dock Shipbuilders and Eicher Motors also reported significant corporate developments. Lupin received US FDA approval, while JSW Steel saw production increases in August. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-tata-motors-rvnl-eicher-motors-mazagon-dock-and-lupin/articleshow/133844968.cms)
- 2026-09-06 — Mint: **Top stocks in focus on Monday: Why investors watch RVNL, Mazagon Dock, Tata Motors shares - Know news, triggers** — Rail Vikas Nigam (RVNL), Lupin, Tata Motors, Mazagon Dock Shipbuilders, JSW Steel, Lupin among the stocks likely to remain in focus. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-in-focus-on-monday-why-investors-watch-rvnl-mazagon-dock-tata-motors-shares-know-news-triggers-11788692544285.html)
- 2026-09-06 — CNBC-TV18: **Stocks to Watch for September 7: RVNL, Mazagon Dock, Tata Motors, JSW Steel and more** — From RVNL receiving a ₹903 crore Letter of Award from SJVN Thermal to Lupin securing US FDA approval for Modafinil Tablets USP, 100 mg and 200 mg, here are the stocks to track ahead of Monday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-september-7-rvnl-mazagon-dock-tata-motors-jsw-steel-and-more-19984660.htm)
- 2026-09-05 — BUSINESS: **Refex Green Power wins 80 MW wind power project** — Refex Green Power, a wholly-owned subsidiary of  Refex Renewables & Infrastructure, has won a tender and received a letter of award dated 04 September 2026, for setting-up of an 80-MW Wind Power Project, through bids invited by SJVN (A Joint Venture of Government of India and Government of Himachal Pradesh). — [Source](https://www.business-standard.com/markets/capital-market-news/refex-green-power-wins-80-mw-wind-power-project-126090500287_1.html)
- 2026-08-27 — CNBC-TV18: **Juniper Green Energy shares fall 5% despite strong Q1; still above listing price** — The company reported operating income of ₹291 crore in Q1 FY27, up 81% from ₹161 crore in the year-ago quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 89% year-on-year to ₹261 crore, while the operating EBITDA margin expanded to around 90% from 86% a year ago. — [Source](https://www.cnbctv18.com/market/juniper-green-energy-q1-results-share-price-falls-despite-79-pc-jump-in-revenue-86-pc-rise-in-ebitda-19978153.htm)
- 2026-08-27 — BUSINESS: **Nifty trade below 24,250 in early trade; breadth positive** — At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 82.52 points or 0.11% to 77,418.10. The Nifty 50 index lost 3.75 points or 0.01% to 24,204.95. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-trade-below-24-250-in-early-trade-breadth-positive-126082700176_1.html)

## Business profile

**Strategic vision:** Generates and sells electricity from diverse sources.

### Business segments
- **Hydroelectric Power:** A foundational part of its generation capacity.
- **Wind Power:** Includes projects in the wind energy sector.
- **Solar Power:** The company is expanding its solar energy footprint with projects like the 1,000 MW Bikaner Solar Power Project.
- **Thermal Power:** Also forms part of its diversified power generation assets.
- **Consultancy Services:** Leverages expertise in the power sector to provide services to other entities.
- **Energy Trading:** Engages in the trading of energy.

### Competitive strengths
- Operates as a joint venture between national and state governments.
- Categorized as a Mini Ratna, Category-I, and Schedule-‘A’ Central Public Sector Enterprise.

## Related stocks

- [Acme Solar Holdings Limited (Energy)](https://faxioms.com/stocks/acmesolar) — -2.82%
- [Aegis Logistics Limited (Energy)](https://faxioms.com/stocks/aegislog) — -3.96%
- [Amara Raja Energy & Mobility Limited (Energy)](https://faxioms.com/stocks/are&m) — -1.15%
- [Castrol India Limited (Energy)](https://faxioms.com/stocks/castrolind) — -1.55%
- [CESC Limited (Energy)](https://faxioms.com/stocks/cesc) — -2.96%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sjvn
Markdown representation: https://faxioms.com/stocks/sjvn?render=md