JP Power shares rise 9% amid speculation of Adani’s JAL takeover as key trigger
19 Nov 2025 | Category: Business
Small-cap stock JP Power gained as much as 9.12% to hit the day's high of ₹19.25 on the National Stock Exchange and BSE. According to multiple media reports, creditors to JP Associates opted for Adani's bid over Vedanta's despite it being lower in value.
Shares of Jaiprakash Power Ventures (JP Power) zoomed 9% in intraday trade on Wednesday, November 19, amid reports that Adani Group will likely pip metal and mining major Vedanta to acquire bankrupt infrastructure firm Jaiprakash Associates (JAL).
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