SJVN hits new high , up 5% on securing new orders

SJVN hits new high, up 5% on securing new orders
The stock has rallied over 90 per cent so far in FY24 on the back of strong order inflows

Shares of Satluj Jal Vidyut Nigam (SJVN) hit a new high at Rs 63.80, on rallying 5 per cent on the BSE in Tuesday's intra-day trade backed by heavy volume owing to winning new orders.

The stock so far has rallied over 9 per cent so far this month, and has zoomed a whopping 92 per cent so far in the fiscal year 2023-24. In comparison, the S&P BSE Sensex was down around 2.5 so far this month, and up around 11 per cent in FY24.