Is it good to buy Jaiprakash Associates?
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.
Who owns Jaiprakash Associates?
Manoj Gaur is the elder son of Jaiprakash Gaur. He is the Chairman of the Jaiprakash Associates Limited. Jaypee is India’s first largest cement producer and the largest private sector hydropower company with 1,700 MW in operation.
What happened to Jaiprakash Associates?
Construction firm Jaiprakash Associates Ltd has defaulted on payments to lenders to the tune of ₹2,897 crore on February 28. The company has defaulted on payment of ₹1,544 crore of interest overdues and another ₹1,353 crore worth of principal to lenders, according to a notification on the bourses.
What is the future of Jaiprakash Associates share?
Jaiprakash Associates Limited (NSE: JPASSOCIAT) As on 1st Jul 2022 JPASSOCIAT Share Price closed @ 7.45 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 9.21 & Strong Sell for SHORT-TERM with Stoploss of 8.58 we also expect STOCK to react on Following IMPORTANT LEVELS.
What are work of Jaiprakash 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.
Why did JP Group fail?
According to another official representing a public-sector bank, Jaypee Group’s problems stem from its failed Yamuna Expressway project, which could not realize its potential return, as a result of which, the company could not meet its revenue targets.
What happened to Jaypee Infra?
Mumbai-based Suraksha group on Sunday said the company expects to get the approval of the NCLT by March to acquire Jaypee Infratech Ltd (JIL) through insolvency process and complete around 20,000 flats for homebuyers.
Is Jaiprakash Associates under NCLT?
JP Associate was in the second list of insolvency accounts the RBI had sent to banks in 2017. Jaypee Infratech Ltd, the other group company is already undergoing NCLT proceedings. Recently, another real estate company Supertech had declared insolvency.
What went wrong with Jaypee?
It had uneven cash flow, due to downturn in the economy after 2008, and wasteful projects such as Formula 1. It failed to deliver to 32,000 homebuyers in Noida. They sold their core assets and revenue generators to decrease debt.
Is Jaiprakash Power a good STOCK?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jaiprakash Power Ventures Ltd is a below average quality company.
What is Jaiprakash Associates Limited known for?
Net Profit (Rs.) Net Sales (Rs.) Jaiprakash Associates Limited (JAL) is an India-based diversified infrastructure conglomerate. JALs business includes seven sectors: engineering and construction, power, cement, real estate, hospitality, expressways, and sports and education.
Is Jaiprakash Associates Limited complying with SEBI regulation 33 (3) (D)?
In the Board Meeting held today i.e. 12thFebruary, 2022, the Board has approved in terms of Regulation 33 (3) (d) of Securities & Exchange…. Jaiprakash Associates Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Tradin…. (Rs. Cr) (Rs. Cr)
Should I invest in JPA?
Dear investor winner JPA to be remain range bound until management slove its debts problem so utilize ranges to earn profit (If you have Adequate Intelligence)… Good Luck.