JP Associates shares: The stock hit its 5 per cent upper circuit limit at Rs 6.99. It is up 16 per cent in three sessions, but still down 67.35 per cent year-to-date. It hit a 52-week high of Rs 27.17 in February this year.
Jaiprakash Associates shares: The stock climbed 4.88 per cent to close at Rs 6.66 apiece on Tuesday. The scrip has lost 68.89 per cent of its value in 2024 so far. It hit a 52-week high of Rs 27.17 in February this year.
GTL Infrastructure Ltd, Shree Renuka Sugars Ltd, ZEE Media, Zomato and SAIL were some of the stocks leading the NSE volume chart, data available on active NSE stocks suggested.
Stripping out Jaypee assets, the foreign brokerage sees limited potential for re-rating for Dalmia Bharat. It cut its target EV/Ebitda multiple for the stock to 11 times against 13 times earlier.
JP Associates share price: The stock plunged 7.34 per cent to trade at Rs 20.93 in Monday's trade. It was last seen trading 3.85 per cent lower at Rs 21.72. At this price, the scrip has slipped 20.06 per cent from its one-year high price of Rs 27.17, a level seen earlier this year on February 12.
Jaiprakash Associates share price: The crisis-hit Jaypee Group's flagship firm has recently executed a non-binding term sheet for restructuring of bonds. JP Associates has posted a consolidated net loss of Rs 476.12 crore in the third-quarter of this fiscal year (Q3 FY24). Its net loss stood at Rs 314.51 crore in the year-ago period and Rs 248.09 crore during the previous quarter.
JP Associates rose 5 per cent to hit its one-year high of Rs 25.25. It has gained 15.99 per cent in four trading days. In case of JP Power, the stock also gained 5 per cent today to hit a 52-week high of Rs 21.94. In four sessions, the scrip has ascended by 20.75 per cent.
JP Associates share price: The stock surged 9.75 per cent to hit a 52-week high of Rs 23.19. The scrip has given multibagger returns in the past six months by rallying more than 160 per cent.
Jaiprakash Associates share price: The stock jumped 9.94 per cent to hit a day high of Rs 19.35. At this price, the stock was 7.81 per cent away from its 52-week high of Rs 20.99, a level seen last week on November 16. That said, the counter has given multibagger returns by rallying 194.96 per cent from its one-year low price of Rs 6.56, hit on March 27, 2023.
Jaiprakash Associates share price: The crisis-hit Jaypee Group's flagship firm's net loss narrowed to Rs 207.55 crore in the second quarter ended on September 30, 2023, as against Rs 312.21 crore on a year-on-year (YoY) basis. However, the company's losses widened on a sequential basis.
JP Power was up 4.69 per cent at Rs 14.50. JP Power saw 10,83,10,120 shares worth 153.69 crore changing hands. Shares of Jaiprakash Associates, on the other hand, climbed 8.46 per cent to hit a high of Rs 18.83 apiece.