Nava Bharat Ventures Limited has informed that the Company has synchronized the 60MW IPP in Odisha with the Grid.
The Company has also commenced power flows for merchant trade henceforth.
Recently, the company has entered into a binding agreement for the sale of plant and equipment, excluding land, pertaining to Sugar Division.
On Tuesday, the stock hits new 52-week high at Rs97.85 per piece on Sensex.
At around 10:32 AM, Nava Bharat Ventures was trading at Rs95.80 per piece up by Rs3.45 or 3.74% on Dalal Street.
Previously, on Monday the scrip was closed at Rs92.35 per piece.