JP Power Share Price | Share of Rs 17 will make you rich, beneficial update on the company, returns will be at rocket speed – NSE: JPPOWER
JP Power Share Price | Shares of Jai Prakash Power Ventures Limited Company are in focus. Jaiprakash Power Ventures Limited (NSE: JPPOWER) Ltd. reported a three-fold rise in net profit in its second quarter results. Jai Prakash Power Ventures Limited gave this information to the stock market last week. (Jaiprakash Power Ventures Limited Company Excerpt)
Jaiprakash Power Ventures Ltd reported a three-fold rise in its consolidated profit after tax to Rs 182.66 crore in the July-September quarter of 2024-25 due to lower expenses, Jaiprakash Power Ventures Ltd said in a statement. On Monday, October 28, the stock had closed at Rs 17.93, up 0.22 per cent. On Tuesday (29 October 2024), the stock was trading at Rs 17.8, down 1.33%.
Information about second quarter results
Jai Prakash Power Ventures Ltd had reported PAT of Rs 68.66 crore during July-September 2023-24, the company said in an exchange filing. Jaiprakash Power Ventures Ltd's total income declined to Rs 1,305.19 crore in the second quarter from Rs 1,359.23 crore. Jaiprakash Power Ventures Ltd reduced its expenses to Rs 1,070.76 crore from Rs 1,172.02 crore in the same quarter last year.
multibagger return
Jai Prakash Power Ventures Limited Company shares have fallen 5.58% in the last six months. The stock has given 92.90% returns in the last one year. The stock has given a return of 1,608.57% in the last five years. On a YTD basis the stock has given a return of 21.63%. Jai Prakash Power Ventures Limited Company stock hit a 52-week high of Rs. 24, while the lowest price was Rs. Was 24. Jai Prakash Power Ventures Limited has a total market cap of Rs 12,261 crore.
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