SJVN, कोचीन शिपयार्ड ड्रॉप, मिश्र Q4 नंबर के बाद सेंटीमेंट पर वजन

Shares of SJVN Limited slipped nearly 9% on Monday, hitting ₹70.50 on the NSE and marking a fresh one-month low after recent gains were wiped out in a single session.

भारतीय मार्केट में इन्वेस्ट करें और 5paisa के साथ भविष्य की संभावनाओं को अनलॉक करें!

अभी अकाउंट खोलें

The decline came even though the company reported higher revenue for the March quarter, helped by commissioning activity at its Buxar unit-1. Profit trends, however, remained uneven and failed to support sentiment.

Earnings Show Split Picture Between Revenue And Profit

SJVN’s consolidated loss narrowed to ₹117.84 crore in the March quarter from ₹127.72 crore a year earlier, according to its exchange filing. Total income rose sharply to ₹1,548.46 crore compared with ₹548.84 crore in the same period last year.

On a standalone basis, the company reported a net profit of ₹125.40 crore. Revenue also doubled year-on-year to ₹1,047.70 crore.

The quarterly improvement in income was driven mainly by hydropower generation from Nathpa Jhakri and Rampur stations. Still, sequential numbers told a different story, with net profit falling more than 50% even as revenue increased 10.4%.

Brokerage View Adjusted After Earnings

Elara Securities kept a “buy” rating on SJVN but lowered its target price to ₹106 from ₹120, according to Informist. The brokerage cited delays in project commissioning and revised its earnings assumptions, trimming FY27 estimates while slightly adjusting FY28 projections.

The company added 1.73 GW of capacity during the quarter, taking total installed capacity to 4.20 GW. Another 3.93 GW remains under construction.

इसका प्लान किया गया पूंजीगत व्यय बड़ी रहता है, जिसमें FY27 के लिए ₹94,000 करोड़ निर्धारित किए गए हैं, इसके बाद FY28 में ₹78,000 करोड़ और FY29 में ₹75,000 करोड़ रहे. 2030 तक 25 GW क्षमता के पहले के लक्ष्य अब समीक्षाधीन हैं, क्योंकि निष्पादन की समय-सीमा बढ़ी है.

Cochin Shipyard Also Sees Sharp Selling

Cochin Shipyard Limited declined 7.5% to ₹1,475, extending losses for a third straight session. The stock is now down nearly 11% over the same period.

The March quarter showed a 24% fall in net profit to ₹216 crore compared with last year. Revenue dropped 26.5% year-on-year to ₹1,214 crore, even though sequential profit and sales both improved.

The company’s quarterly performance reflected weaker year-on-year execution, offset partly by short-term recovery in activity levels.

Market Mood Turns Selectively Weak

इन्फ्रास्ट्रक्चर-लिंक्ड पब्लिक सेक्टर की कंपनियों में इन्वेस्टर द्वारा आय की दृश्यता का पुनर्मूल्यांकन करने के बाद दोनों स्टॉक में बिक्री हुई. राजस्व लाभ स्थिर लाभ के रुझानों से मेल नहीं खाते थे, जो सोमवार के व्यापार के दौरान दबाव बढ़ाते थे.

By the close, both SJVN and Cochin Shipyard remained under selling pressure, with focus shifting toward execution pace, cost movement, and whether revenue growth can translate into consistent profitability in upcoming quarters.