SJVN shares surge 6.5% on signing 7 GW renewable energy project with Rajasthan government

SJVN shares rose 6.65% to ₹110.30 after signing an MoU with Rajasthan's Energy Department for 5 GW of pumped storage and 2 GW of solar projects. Over the past four months, including November, the stock has declined by 27%, and it is now down 36.65% from its all-time high of ₹170.50 apiece.