Shares of Jaypee Group companies such as Jaiprakash Associates, Jaypee Infratech and Jaiprakash Power Ventures have rallied by up to 20% in otherwise subdued market.
Jaypee Infratech is locked in upper circuit of 20% at Rs 14.94 on BSE on back of three-fold jump in trading volumes. A combined 7.69 million shares have already changed hands and there were pending buy orders for 2.8 million shares on the BSE and NSE.
Jaiprakash Associates too surged 20% to Rs 22.53, also its fresh 52-week high on BSE in intra-day trade, extending its past two days 22% rally after lenders
Jaypee Infratech is locked in upper circuit of 20% at Rs 14.94 on BSE on back of three-fold jump in trading volumes. A combined 7.69 million shares have already changed hands and there were pending buy orders for 2.8 million shares on the BSE and NSE.
Jaiprakash Associates too surged 20% to Rs 22.53, also its fresh 52-week high on BSE in intra-day trade, extending its past two days 22% rally after lenders