What is the result of JP Power?
The company reported a 48% year-on-year growth in consolidated profit to ₹2,620 crore as it made one-time gains on the reversal of tax-related provisions. Normalised profit declined by 19% to ₹1,478 crore.
Is JP Power a good buy?
As on 2nd May 2022 JPPOWER Share Price closed @ 7.35 and we RECOMMEND Buy for LONG-TERM with Stoploss of 5.90 & Sell for SHORT-TERM with Stoploss of 7.50 we also expect STOCK to react on Following IMPORTANT LEVELS.
Who is buying JP Power?
India Ltd (PGCIL) will buy Jaiprakash Power Ventures Limited’s (JPVL) 74% stake in an electricity transmission joint venture that the two firms have together.
Is Jaiprakash Power debt Free?
What Is Jaiprakash Power Ventures’s Debt? As you can see below, Jaiprakash Power Ventures had ₹51.6b of debt at September 2021, down from ₹55.7b a year prior. However, because it has a cash reserve of ₹2.53b, its net debt is less, at about ₹49.1b.
Will Jaiprakash Associates recover?
JP Associates is a company saddled with huge debt, it is having negative sales growth and net loss. The interest cost for the company is 3 times its earnings. Chances of recovery are very bleak.
Is JP Power debt Free?
As you can see below, Jaiprakash Power Ventures had ₹51.6b of debt at September 2021, down from ₹55.7b a year prior. However, because it has a cash reserve of ₹2.53b, its net debt is less, at about ₹49.1b.
Which Indian companies are debt free?
debt free companies
| S.No. | Name | ROE % |
|---|---|---|
| 1. | P & G Hygiene | 69.78 |
| 2. | Castrol India | 49.55 |
| 3. | Bhansali Engg. | 42.07 |
| 4. | Swaraj Engines | 37.38 |
How much debt does JP have?
What is the target of JP Associate?
Multibagger JP Associates shares are trading around 29.30 with a short-term target of 34. Multibagger JP Associates shares have strong resistance at 99.90 and if they manage to break through they will reach levels over 170.
Why did JP Group fail?
A massive debt and pressure on profitability have been troubling it for the past few quarters. June has turned out to be a terrible month for the Jaypee Group with shares of its three listed companies plunging. A massive debt and pressure on profitability have been troubling it for the past few quarters.
What is the dividend policy of Jaiprakash Power Ventures?
An equity Final dividend of Rs 0.75 per share was declared by Jaiprakash Power Ventures on 07 May 2009. So, company has declared a dividend of 7% on face value of Rs 10 per share. The ex dividend date was 10 Aug 2009.
What are the power projects of Jaiprakash POW?
Its power projects which are in different stages of implementation include Hydro, Thermal and Transmission. Jaiprakash Pow is in the Power – Generation & Distribution sector. It is listed on the BSE with a BSE Code of 532627 and the NSE with an NSE Code of JPPOWER.
What are Jaiprakash power’s key products/revenue segments?
Jaiprakash Power Ventures Ltd. key Products/Revenue Segments include Electrical Energy, Cement, Fly Ash, Other Operating Revenue for the year ending 31-Mar-2021.
How much does Jaiprakash Power ventur spend on interest expenses?
Jaiprakash Power Ventur… Meeting Agenda: Quarterly Results. Please add to watchlist to track closely. Company has spent 17.52% of its operating revenues towards interest expenses and 3.06% towards employee cost in the year ending 31 Mar, 2021. (Source: Consolidated Financials)