Jaiprakash Power Ventures rises on Adani's JAL acquisition approval
pre-market1 source ↓written by the desknot a recommendation
- on the NSE
- 12.4%
- after Adani Enterprises
- ₹21.57
- of creditor votes
- 89%
Shares of Jaiprakash Power Ventures Ltd surged 12.4% on the NSE, closing at ₹21.57 after Adani Enterprises secured approval for its acquisition of Jaiprakash Associates. Adani outbid Vedanta and Dalmia Bharat, gaining 89% of creditor votes. This acquisition reflects increasing investor confidence in the company's recovery and future prospects. 📈
Not investment advice. For informational purposes only.