JP Power share price jumps 11%; can this power stock rise further?

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…

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

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