Jaiprakash Power Ventures is currently trading at Rs. 4.68, up by 0.12 points or 2.63% from its previous closing of Rs. 4.56 on the BSE.
The scrip opened at Rs. 4.75 and has touched a high and low of Rs. 4.90 and Rs. 4.66 respectively. So far 637106 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7.89 on 02-Nov-2015 and a 52 week low of Rs. 3.65 on 02-Jun-2016.
Last one week high and low of the scrip stood at Rs. 4.90 and Rs. 4.00 respectively. The current market cap of the company is Rs. 1389.68 crore.
The promoters holding in the company stood at 63.60%, while institutions and non-institutions held 9.24% and 27.15% respectively.
Jaiprakash Power Ventures (JPVL) has decided to sell its Nigrie Cement Grinding unit to Orient Cement for an Enterprise Value of Rs 500 crore. The Enterprise Value is on a cash-free, debt-free basis and is subject to adjustments on account of working capital, if any. The 2 mtpa Nigire cement grinding unit which began operations in 2015 is wholly owned by JPVL. This grinding unit is located very close to the end markets in Bihar, Jharkhand and Eastern UP.
Jaiprakash Power Ventures is part of India’s leading Infrastructure conglomerate - Jaypee Group. Its power projects which are in different stages of implementation include Hydro, Thermal and Transmission. The company has reported a net loss of Rs 196.16 crore for the quarter as compared to a net profit of Rs 66.96 crore for the same quarter in the previous year.
Company Name | CMP |
---|---|
NTPC | 333.40 |
Tata Power | 402.50 |
Power Grid Corp | 315.50 |
Adani Power | 502.90 |
Torrent Power | 1494.05 |
View more.. |