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JP Associates hits fresh 52-week high, Jaypee Infratech up 20%

Jaiprakash Power Ventures up 8% at Rs 4.97, after hitting high of Rs 5.28 on BSE in intra-day trade

Jaypee Group
Premium

Jaypee Group

SI Reporter Mumbai
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

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