Jaiprakash Power Ventures’ share price declined over 6% to ₹25.40 on Monday, easing from its recent 52-week high of ₹27.60. The drop follows a sharp three-day rally of nearly 22%, largely driven by hopes around a possible deal involving the Adani Group.
However, with no official confirmation or fresh announcements, the stock faced selling pressure as traders booked profits.
The recent upswing in JP Power’s stock price was fuelled by market chatter suggesting that Adani Group might be in discussions with the promoter company, Jaiprakash Associates. While this speculation sparked investor enthusiasm, the lack of a formal statement has added uncertainty.
Additionally, JP Power had posted strong quarterly results, showing solid year-on-year growth in revenue and net profit. This further contributed to the recent stock price rally, until now.
With the stock gaining over 50% in the past month, many investors appear to have taken the opportunity to exit and lock in gains, as per news reports.
Jaiprakash Power Ventures operates in multiple segments:
The company has been working to streamline operations and improve its financial position in recent years, positioning itself as a diversified player in India’s evolving energy landscape.
On July 15, shares of Jaiprakash Power Ventures opened marginally higher at ₹27.24 compared to the previous close of ₹27.22 but quickly slipped during the session. The stock touched an intraday low of ₹25.09.
The volume-weighted average price (VWAP) stood at ₹25.98, indicating selling pressure through the day. Despite this dip, the stock remains close to its 52-week high of ₹27.62 and has significantly outperformed its 52-week low of ₹12.35.
JP Power’s recent dip appears to be a natural pause after a sharp rally, driven more by speculation than confirmed developments. While the underlying business has shown some strength through its recent financial performance, the absence of any official updates particularly around the Adani-linked buzz has led traders to lock in gains.
Going forward, the stock's direction may depend on clarity around strategic deals or sustained improvement in operational performance. For now, the market seems to be taking a wait-and-watch approach.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 15, 2025, 11:37 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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