Jaiprakash Power’s share price continued to witness strong buying interest for the second consecutive session, as the power stock, after gaining over 2 per cent the previous day, soared more than 11 per cent in morning trade on the BSE on Wednesday, March 19. JP Power share price opened at ₹13.48 against its previous close of ₹13.39 and jumped 11.43 per cent to the level of 14.92. Around 11:50 AM, the power stock traded 10.46 per cent higher at ₹14.79.
JP Power share price trend
Shares of Jaiprakash Power Ventures hit a 52-week low of ₹12.35 on March 3 this year, falling 48 per cent from its 52-week high of ₹23.77, which it hit on October 10 last year.
Over the last year, till March 18 close, the stock has lost 15 per cent. However, on the longer timeframes of three years and five years, the stock has surged 90 per cent and 1,812 per cent, respectively.
More to come…