SJVN shares trade 2% lower despite announcing ₹1,200 crore capex plan for FY26

The stock was trading 1.60% lower at ₹90.53 per equity share at 11:17 AM.

SJVN said it achieved its highest-ever generation of 10,647 MU from all operational projects, PTI reported, citing the company’s statement.

"For FY2025–26, SJVN has an MOU target of 13,090 MU generation and Rs 12,000 crore capex," the company said.

During the first quarter of the current fiscal year, the company has reported energy generation of 3,681.60 MU, recorded revenue of ₹822.4 crore and profit after tax (PAT) of ₹258.51 crore, PTI reported.

The 1,500 MW Nathpa Jhakri Hydro Power Station delivered record outputs, including the highest-ever quarterly generation of 3,450.98 MU, the highest single-day generation of 39.572 MU and record monthly generation of 1,222.170 MU.

Similarly, 412 MW Rampur Hydro Power Station achieved its highest-ever monthly generation of 292.331 MU and clocked record quarterly generation of 955.616 MU, along with the highest single-day generation of 11.023 MU.

The 60 MW Naitwar Mori Hydro Power Station surpassed its design energy and generated 316.40 MU in its first operational year.

SJVN stock price

Over the last five trading sessions, SJVN shares declined 4.67% and further dropped 8.77% over the past month. Similarly, the scrip also fell 1.09% over the past six months, while it further declined 18.33% on a year-to-date basis.

The stock touched its 52-week high of ₹135 on September 30, 2024 and its 52-week low of ₹80.54 on March 3, 2025. The company’s market capitalisation stands at ₹35,635.38 crore as recorded on September 26.