Shares of Jaiprakash Power Ventures Limited (JP POWER) hit an upper circuit of 5% at 9:22 am today. Today, JP Power shares opened at ₹ 18.72 and soon reached an intraday high of ₹ 19.15. At the same time, the stock of Jaiprakash Associates, which has fallen by 68 percent this year, is also flying. Today it reached an upper circuit of 5 percent to Rs 6.72. Today it opened at Rs 6.08 and reached a high of Rs 6.72.
More than 1.8 crore shares of JP Power were transacted within the first 8 minutes of market opening, indicating strong demand in the market. The previous closing price of the stock was ₹ 18.24, which reflects a sharp jump in today’s trading.
JP Power Share Price History
In the last 19 years, JP Power shares have fallen by more than 37 percent. On 22 April 2005, this stock was at Rs 30.75. Today it is at Rs 19.15. On 4 January 2008, it had reached Rs 137.10, but after that it kept falling and at one point it had come below Rs 4. In the last six months, it has risen by about 20 percent and this year it has given a return of 30 percent. Its 52-week high is Rs 24 and low is Rs 8.35.
JP Associates Share Price History
Talking about the share price history of JP Associates, this stock has come down to half the rate of 20 years ago. On 18 January 2004, it was at Rs 12.63. At one time it had reached close to 300. In the last 8 years, it can bear between Rs 6 to Rs 10. This stock, which has fallen 44 percent in the last one year, has fallen more than 68 percent this year.
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