Is JP Power good to buy?
As on 6th Apr 2022 JPPOWER Share Price closed @ 8.05 and we RECOMMEND Buy for LONG-TERM with Stoploss of 5.60 & Buy for SHORT-TERM with Stoploss of 7.96 we also expect STOCK to react on Following IMPORTANT LEVELS.
What do Jaiprakash Power do?
Jaiprakash Power Ventures Limited Jaypee Group is a diversified infrastructure conglomerate in India with interests in Civil Engineering and Construction, Cement, Power, Real Estate & Expressways, Hospitality,Fertilizer, Health Care, Sports and Education (not-for-profit).
Is JP Power Debt Free?
What Is Jaiprakash Power Ventures’s Debt? As you can see below, Jaiprakash Power Ventures had ₹51.6b of debt at September 2021, down from ₹55.7b a year prior. However, because it has a cash reserve of ₹2.53b, its net debt is less, at about ₹49.1b.
Who is buying JP Power?
The Power Grid Corporation of India
The Power Grid Corporation of India signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited on March 19 to acquire 74 percent shareholding of JVPL in Jaypee PowerGrid Limited (JPL) for Rs 351.64 crores. The board of Power Grid Corporation of India had approved the acquisition on February 11, 2021.
Who owns Jaypee?
Shri Jaiprakash Gaur, Director (Founder of Jaypee Group) Shri Manoj Gaur, Executive Chairman & CEO.
Which is the largest hydroelectric power plant in India?
The Koyna Hydroelectric Project
The Koyna Hydroelectric Project is the largest completed hydroelectric power plant in India. It has a power capacity of 1960 MW.
Is Trident a debt free company?
The image below, which you can click on for greater detail, shows that at September 2021 Trident had debt of ₹13.3b, up from ₹8.95b in one year. However, because it has a cash reserve of ₹3.98b, its net debt is less, at about ₹9.29b.
Why is Suzlon stock going up?
As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. Suzlon Energy grew its revenue by 79% last year. That’s a head and shoulders above most loss-making companies. And the share price has responded, gaining 103% as we previously mentioned.
What went wrong with Jaypee group?
Jaypee group, which is into construction, cement, power, real estate, hotel and hospital businesses, has been facing crisis in the last few years due to defaults in debt repayments and huge delays in completion of housing projects in Noida and Greater Noida.