Q2 2024 Renew Energy Global PLC Earnings Call
Shares of SJVN climbed 7.11% on Wednesday, closing at Rs 82.10, following the announcement of a Memorandum of Understanding (MOU) with Power Finance Corporation (PFC). The MOU, which involves a significant commitment to renewable energy initiatives and a thermal generation project, is intended to provide financial support for an array of projects.
Shares of the state-owned company SJVN surged over 9% on Wednesday, reaching a new annual peak of Rs 83.7 on the BSE. This substantial increase came in the wake of the company announcing a Memorandum of Understanding (MoU) with Power Finance Corporation (PFC) for financial support for various projects.