Latest news with #JaiprakashPowerVenturesLtd
Business Standard
3 days ago
- Business
- Business Standard
Volumes spurt at Jaiprakash Power Ventures Ltd counter
Jaiprakash Power Ventures Ltd registered volume of 7137.17 lakh shares by 14:14 IST on NSE, a 9.14 fold spurt over two-week average daily volume of 780.63 lakh shares Jyothy Labs Ltd, Metropolis Healthcare Ltd, Godrej Consumer Products Ltd, ACME Solar Holdings Ltd are among the other stocks to see a surge in volumes on NSE today, 07 July 2025. Jaiprakash Power Ventures Ltd registered volume of 7137.17 lakh shares by 14:14 IST on NSE, a 9.14 fold spurt over two-week average daily volume of 780.63 lakh shares. The stock rose 18.15% to Rs.22.39. Volumes stood at 748.04 lakh shares in the last session. Jyothy Labs Ltd clocked volume of 43.18 lakh shares by 14:14 IST on NSE, a 8.85 times surge over two-week average daily volume of 4.88 lakh shares. The stock gained 3.93% to Rs.355.45. Volumes stood at 3.21 lakh shares in the last session. Metropolis Healthcare Ltd clocked volume of 3.82 lakh shares by 14:14 IST on NSE, a 6.39 times surge over two-week average daily volume of 59879 shares. The stock gained 4.05% to Rs.1,845.10. Volumes stood at 90492 shares in the last session. Godrej Consumer Products Ltd notched up volume of 66.57 lakh shares by 14:14 IST on NSE, a 6.22 fold spurt over two-week average daily volume of 10.71 lakh shares. The stock rose 6.06% to Rs.1,265.20. Volumes stood at 6.55 lakh shares in the last session. ACME Solar Holdings Ltd recorded volume of 28.05 lakh shares by 14:14 IST on NSE, a 5.86 times surge over two-week average daily volume of 4.79 lakh shares. The stock gained 1.82% to Rs.254.10. Volumes stood at 4.36 lakh shares in the last session.
Time of India
3 days ago
- Business
- Time of India
JP Power shares surge 14% after AGM lifts inverter sentiment
Shares of Jaiprakash Power Ventures Ltd (JP Power) surged nearly 14% on Monday to close at Rs 21.57, gaining momentum after the company successfully concluded its 30th Annual General Meeting ( AGM ) over the weekend. The AGM, held virtually on July 5, 2025, was conducted via video conferencing (VC)/other audio-visual means (OAVM), in line with the latest regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and SEBI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiólogo: El mejor método para un vientre plano después de los 50 (¡Es genial!) Té mágico desintoxicante Undo During the meeting, all key resolutions outlined in the notice dated May 1, 2025, were presented, including adoption of financial statements, reappointment of directors, and approvals for auditor appointments and director remuneration. The company also enabled electronic voting through CDSL 's e-voting platform, both before and during the AGM, ensuring transparency and shareholder participation. JP Power Chairman Manoj Gaur addressed shareholders during the AGM, sharing key insights into the company's performance and outlook. The meeting was attended by 107 shareholders via video conferencing, including senior board members and committee heads. The market responded positively to the company's governance and communication efforts, with increased investor confidence reflected in the day's sharp stock price movement. Live Events On the technical front, Jaiprakash Power Ventures Ltd. is showing strong bullish momentum : The Relative Strength Index (RSI-14) stands at 69.5, indicating the stock is approaching overbought territory. For context, an RSI below 30 typically signals an oversold condition, while an RSI above 70 suggests the stock may be overbought and could be due for a pullback. Additionally, the stock is trading above all 8 key Simple Moving Averages (SMAs) — ranging from the short-term 5-day to the long-term 200-day SMA. This alignment across timeframes is considered a bullish signal, reflecting sustained upward momentum and strong underlying trend strength.
Business Standard
01-07-2025
- Business
- Business Standard
Jaiprakash Power Ventures Ltd soars 1.91%, rises for third straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 18.65, up 1.91% on the day as on 12:49 IST on the NSE. The stock is down 5.95% in last one year as compared to a 5.88% fall in NIFTY and a 12.5% fall in the Nifty Energy index. Jaiprakash Power Ventures Ltd rose for a third straight session today. The stock is quoting at Rs 18.65, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 25541.75. The Sensex is at 83696.96, up 0.11%. Jaiprakash Power Ventures Ltd has added around 19.25% in last one month. Meanwhile, Nifty Energy index of which Jaiprakash Power Ventures Ltd is a constituent, has added around 1.58% in last one month and is currently quoting at 36568.65, down 0.18% on the day. The volume in the stock stood at 663.98 lakh shares today, compared to the daily average of 837.7 lakh shares in last one month. The PE of the stock is 15.51 based on TTM earnings ending March 25.
Time of India
11-06-2025
- Business
- Time of India
Uncertainty over strategy of JPVL lenders clouds Jaypee Associates' debt resolution
Uncertainty around the future strategy of lenders to Jaiprakash Power Ventures Ltd (JPVL) could prove a hurdle in the corporate debt resolution of Jaiprakash Associates Ltd (JAL), the holding company of the Jaypee Group, people familiar with the matter said. JPVL - a listed associate of JAL with a market capitalisation of over ₹12,000 crore - is the most valuable asset in JAL's portfolio that also includes real estate, cement and fertiliser plants. As part of a debt restructuring, JPVL issued compulsory convertible preference shares (CCPS) worth ₹3,800 crore to its lenders in 2019. Upon their conversion into shares, the lenders could emerge substantial shareholders of JPVL. JAL only has a 24% ownership in JPVL as of March end, and 79.2% of promoter shares were pledged as collateral for loans. Bidders of JAL - including some of the largest corporate names - are unclear if and when banks plan to exercise their right to convert the CCPS into shares, people cited above said. The debt restructuring agreement left the timeline for conversion of the CCPS into shares open-ended. They can be converted into shares anytime "after 20 years or earlier," according to the documents. The potential bidders are now seeking clarity from lenders on their conversion plans, arguing that this information is crucial to calculate the value of the holding company when bidding, the sources said. Government-backed National Asset Reconstruction Company Ltd (NARCL), to whom the JAL's lenders have assigned their debts, did not respond to ET's queries until press time Tuesday. Twenty-five entities including Adani Enterprises , Vedanta , GMR, Dalmia Cement Bharat, Naveen Jindal and BC Jindal group companies, Suraksha Realty, and Kotak Alternate Assets have shown interest in bidding for Jaiprakash Associates. "As the public shareholding of Jaiprakash Power Ventures Ltd is very high, the conversion of CCPS could further dilute the holding company's stake in JPVL," said Drushti Desai, partner at chartered accountancy firm Bansi S Mehta & Co.
Business Standard
10-06-2025
- Business
- Business Standard
Jaiprakash Power Ventures Ltd spurts 2.26%, rises for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 18.13, up 2.26% on the day as on 12:44 IST on the NSE. The stock is down 1.63% in last one year as compared to a 8.04% slide in NIFTY and a 10.05% slide in the Nifty Energy. Jaiprakash Power Ventures Ltd gained for a fifth straight session today. The stock is quoting at Rs 18.13, up 2.26% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Jaiprakash Power Ventures Ltd has gained around 27.32% in last one month. Meanwhile, Nifty Energy index of which Jaiprakash Power Ventures Ltd is a constituent, has gained around 5.19% in last one month and is currently quoting at 36352.8, up 0.51% on the day. The volume in the stock stood at 1269.33 lakh shares today, compared to the daily average of 407.84 lakh shares in last one month. The PE of the stock is 15.03 based on TTM earnings ending March 25.
