Is it good to buy JP Associates share?
Ashwani Gujral, the investment advisor believes that JP Associates is not a very good pick for the long term. In conversation with CNBC TV-18, he observed that investors are buy poor quality stocks and get stuck, looking for answers. The expert said that such stocks are “trades”, and pegged the target at Rs 26.
What happened to JP Associates?
Jaypee Infratech, which is a subsidiary of Jaiprakash Associates, went into an insolvency process in August 2017. On November 6, 2019, the Supreme Court directed completion of Jaypee Infratech’s insolvency process within 90 days. In December, the CoC approved NBCC’s resolution plan.
Who is owner of JP Associates?
Jaiprakash Gaur
Jaypee Group
| Type | Public |
|---|---|
| Founder | Jaiprakash Gaur |
| Headquarters | Noida, Uttar Pradesh, India |
| Key people | Jaiprakash Gaur (Chairman) |
| Products | Engineering Construction Cement Power Hospitality Real Estate Expressways Information Technology |
Is Reliance buying JP Associates?
Anil Ambani Group company Reliance Power emerged as a dark horse, beating rivals like Adani Power and JSW, to win a deal to buy the entire hydro power portfolio of Jaiprakash Associates Ltd comprising three operating plants.
Why are JP Associates falling?
JPASSOCIAT Jaiprakash Associates is falling or rising technical reasons. Stock of Jaiprakash Associates (JPASSOCIAT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
Who is buying JP Infra?
Suraksha group
The bidding race for Jaypee Infratech ended in a photo finish on Wednesday, with the Suraksha group’s resolution plan winning 98.66 per cent of the committee of creditors’ (CoC) votes and NBCC India receiving 98.54 per cent of the votes.
What is business of JP Associates?
Jaiprakash Associates Ltd is a diversified infrastructural industrial conglomerate in India. The company is the leader in Engineering and Construction of Hydropower projects in India.
Should I buy Yes Bank share?
Emkay Global has a sell rating on the stock of Yes Bank. In fact, the firm sees a solid 25% downside risk on the stock of Yes Bank. In any case, the markets are at near peak levels and given that the shares of Yes Bank are highly volatile, only brave investors could be buying.
What is JP Associates?
What are the best stocks to buy for beginners in India 2021?
List of Best Stocks To Buy for Beginners in India
| Stock | Returns* | Market Capitalisation (in Cr.) |
|---|---|---|
| INFOSYS Ltd. | 77.50% | 5,83,776 |
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| COFORGE Ltd. | 71.26% | 16,564 |
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