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SJVN Shares Rise 5% as BSE Power Index Softens
SJVN shares climbed roughly 5% as power sector sentiment showed mixed trends, with the broader BSE Power Index easing slightly.
Shares of SJVN Ltd gained about 5% on the BSE even as the broader Power Index eased by around 0.3%. Investors responded positively to fresh buying interest in the hydropower and renewable energy segments, while profit booking in larger power names weighed on the index. Market analysts noted that SJVN’s fundamentals, including steady order books and a focus on capacity expansion, supported the stock’s performance amidst sector headwinds.