Is it good to invest in 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.
What happened to Jaiprakash Associates Ltd?
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 19th Sep 2022 JPASSOCIAT SHARE Price closed @ 9.05 and we RECOMMEND Sell for LONG-TERM with Stoploss of 9.11 & Buy for SHORT-TERM with Stoploss of 8.10 we also expect STOCK to react on Following IMPORTANT LEVELS.
Who is buying Jaiprakash Associates?
Rakesh Jhunjhunwala
Rakesh Jhunjhunwala buys 2 crore shares of Jaiprakash Associates in June quarter.
Is JP Associates debt Free?
You can click the graphic below for the historical numbers, but it shows that as of September 2021 Jaiprakash Associates had ₹191.0b of debt, an increase on ₹171.2b, over one year. Net debt is about the same, since the it doesn’t have much cash.
Can JP Associates recover?
JP Associates is a company saddled with huge debt, it is having negative sales growth and net loss. The interest cost for the company is 3 times its earnings. Chances of recovery are very bleak. While you have held on to this stock for a long time in loss.
Why are JP Associates falling?
Mired in large debt, the company has failed to deliver apartments to some 32,000 home buyers in Noida. The Supreme Court on Monday ordered the parent company, Jaiprakash Associates, to deposit Rs 2,000 crore ($313 million) with it by October 27 to protect the home buyers.
Should I invest in Jppower?
As on 6th Sep 2022 JPPOWER SHARE Price closed @ 8.90 and we RECOMMEND Buy for LONG-TERM with Stoploss of 6.75 & Strong Buy for SHORT-TERM with Stoploss of 6.96 we also expect STOCK to react on Following IMPORTANT LEVELS.
Is Jaiprakash Power debt Free?
How Much Debt Does Jaiprakash Power Ventures Carry? The chart below, which you can click on for greater detail, shows that Jaiprakash Power Ventures had ₹50.7b in debt in March 2022; about the same as the year before. On the flip side, it has ₹3.93b in cash leading to net debt of about ₹46.8b.
Can JP Power Be a Multibagger?
JP Power-stock price trajectory
The company is a multibagger and has moved in price from levels of Rs. 2.9 as on April 26, 2021 to Rs. 7.8, resulting in 169% return. The company’s YTD return and 1-month returns are at 25% and 14%, respectively.
Can I buy JP Power share?
How to Buy Jaiprakash Power Share? You can easily buy Jaiprakash Power shares in Groww by creating a demat account and getting the KYC documents verified online.
How much debt does JP have?
Should I buy Jppower?
As on 2nd Sep 2022 JPPOWER SHARE Price closed @ 8.35 and we RECOMMEND Buy for LONG-TERM with Stoploss of 6.70 & Strong Buy for SHORT-TERM with Stoploss of 6.87 we also expect STOCK to react on Following IMPORTANT LEVELS.
Is JP Power Debt Free?
Is JP Power multibagger?
Is Jppower debt free?
Is Jppower a good buy?
As on 19th Sep 2022 JPPOWER SHARE Price closed @ 8.10 and we RECOMMEND Buy for LONG-TERM with Stoploss of 6.90 & Buy for SHORT-TERM with Stoploss of 7.32 we also expect STOCK to react on Following IMPORTANT LEVELS.
Is JP power a penny stock?
Already a penny stock and output are neutral at best. JP Power – It is part of the Gaur group and has sold most of its productive power assets to the Birla group. There is nothing much left in the company, which shows why the company is quoting at around Rs. 2.
Will Jppower go up?
Based on our forecasts, a long-term increase is expected, the “JPPOWER” stock price prognosis for 2027-09-03 is 19.898 INR. With a 5-year investment, the revenue is expected to be around +131.37%. Your current $100 investment may be up to $231.37 in 2027.