JAIPRAKASH ASSOCIATES
Dalmia Bharat posts Rs 205 crore Q2 loss on exceptional hit
Dalmia Bharat experienced a consolidated loss of Rs 205 crore in the September quarter of this year. This loss was due to an exceptional hit of Rs 339 crore related to asset impairment and employee separation. Sales volume rose by 3% year-on-year, while consolidated revenue increased by 4% to Rs 3,563 crore. However, EBITDA fell by 29% due to rising power and fuel costs, which increased by 22%.
Adani Enterprises has finally got strong winds filling its sails
Adani Enterprises’ outlook is improving as several incubated businesses reach commercial scale. CARE Ratings has upgraded AEL to AA, citing stronger financial flexibility after its ₹15,000-cr QIP and Adani Airports monetisation. Airports, Kutch Copper and roads are expected to drive FY27 earnings, while data centres, new energy, defence and aluminium offer longer-term growth.
Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash Gaur
Jaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the successful resolution applicant. Gaur respects the Committee of Creditors' decision. He described the insolvency process as fair and transparent. Efforts were made for a credible resolution for all stakeholders. The company faced financial stress and entered insolvency proceedings.
Explained: Why are Vedanta investors disappointed on Rs 17,000-crore Jaiprakash acquisition bid
Vedanta’s Rs 17,000 crore bid for Jaiprakash Associates assets raises concerns over weak synergies, debt risks, and limited turnaround potential. Analysts question the addition of non-core, litigation-prone businesses, though the staggered payment eases cash flow pressure. Shares fell 2.2%, reflecting investor skepticism amid volatile markets.
Adani submits unconditional bid for Jaiprakash Associates
Adani Group has placed an unconditional bid of ₹12,600 crore for Jaiprakash Associates amidst its insolvency resolution. Other contenders like Dalmia Bharat, Vedanta, and Jindal Power have submitted bids contingent on the resolution of a land dispute. The committee of creditors has urged all bidders to revise their financial offers for the Jaypee Group flagship firm.
Lenders of Jaiprakash Associates to meet on July 1 to discuss 5 resolution plans
Lenders of Jaiprakash Associates Ltd (JAL), undergoing insolvency, will convene on July 1, 2025, to deliberate on resolution plans from five corporates. These plans were submitted following JAL's admission into the Corporate Insolvency Resolution Process due to loan defaults, with creditors claiming ₹57,185 crore. Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power and PNC Infratech are among the bidders.
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Jaiprakash's lenders taken 'unawares' by ICICI move on company debt
JAL owes a group of 32 lenders a total of ₹29,272 crore. The company was among the 26 defaulters that the RBI had directed to be taken to the bankruptcy process in 2017 following which ICICI had filed an insolvency petition against the company before Allahabad Bench of the National Company Law Tribunal in 2018. That petition is yet to be admitted.
Investigate Jaiprakash Associates: SAIL to NCLT
According to sources familiar with the contents of the lawsuit, SAIL has accused Jaiprakash Associates of pledging shares of Bhilai Jaypee Cement without its authorisation to Yes Bank for loans that were obtained by other Jaypee Group companies.
Jaiprakash Associates Q1 results: Co posts net loss at Rs 293 cr
Total income rose to Rs 1,500.38 crore in the first quarter of this fiscal year from Rs 1,140.99 crore in the corresponding period of the previous year, according to a regulatory filing.
Jaiprakash Associates climbs as co approves debt restructuring; retreats
Last month, Jaiprakash Associates had said it had taken various steps to reduce its debt, including sale of its cement plants.
Jaiprakash Associates falls as Q1 loss widens to Rs 465 crore
Shares of infrastructure major Jaiprakash Associates fell over 5% after the company's standalone net loss widened to Rs 465 cr.
Sell Jaiprakash Associates with target price of Rs 41: Prakash Gaba
Jaiprakash Associates is a ‘Sell’ with a target of Rs 41 and a stop loss of Rs 46.50.
Buy Jaiprakash Associates Ltd with target price of Rs 82: Ashwani Gujral
"Jaiprakash Associates Ltd is a ‘BUY’ call with a target of Rs 82 and a stop loss of Rs 70."
Sell Jaiprakash Associates with a stop loss price of Rs 101: Prakash Gaba
"Jaiprakash Associates is a sell with a stop loss price of Rs 101."
Buy Jaiprakash Associates with target of 107: Deepak Mohoni
Buy Jaiprakash Associates with a stop loss of 101.50 and a target of 107.
Expect JP Associates to correct on disappointing asset sales: Kim Eng
Kim Eng India Securities has maintained its negative view on Jaiprakash Associates and expects the stock to correct on disappointing asset sales.
Jaiprakash Associates Q2 profit down over 48 pc to Rs 128 cr
Leading infrastructure firm Jaiprakash Associates today reported an over 48 per cent decline in its net profit to Rs 128 crore during the quarter ended September 30, 2012, largely due to hefty increases in finance costs and muted sales.
Buy Jaiprakash Associates with a target of 101: Ashwani Gujral
Buy Jaiprakash Associates with a target of Rs 101 and a stop loss of Rs 89.
Sell Jaiprakash Associates with target of 80: Mitesh Thacker
Sell Jaiprakash Associates. The breakdown for the stock comes in at levels of about below 86.
JP Associates gains over 1% on cement unit stake sale reports
Jaiprakash Associates Ltd rose over 1% on reports the Aditya Birla Group has emerged as the front runner in a bid to acquire a stake in its cement business.
Buy Jaiprakash Associates as it can move up: Rajat Bose
Jaiprakash Associates looks good. The volumes have diminished but it has the potential to move up to 81.5-82 levels.
Go short and long on Jaiprakash Associates: Deepak Mohoni
I would trade Jaiprakash Associates short and long. This is not one stocks that has participated in this rally.
Buy Jaiprakash Associates: Rajat Bose
One can look forward to a target of 80 to about 85 and then once it moves up further, 95 to 103 would be the medium term target.
Jaiprakash Associates Q2 Net up 11 pc to Rs 129 cr
The company had posted a net profit of Rs 115.52 crore in the July-September quarter of the current fiscal, it said in a statement.
Jaiprakash Associates net profit at Rs 302 cr; stock down
Jaiprakash Associates reported net profit of Rs 301.95 crores for the quarter ended March 31, 2011 as compared to Rs 243.97 crores a year ago.
Upmove likely to resume in Jaiprakash Associates:Aditya Birla Money
Aditya Birla Money id of the view that Jaiprakash Associates seems to have completed a double corrective implying that the uptrend should now resume.
Jaiprakash Associates Q1 profit rises 5% to Rs 516 cr
Jaiprakash Associates on Friday posted a 5 percent rise in net profit to Rs 515.98 crore for the first quarter ended June 30, compared to the same period a year earlier.
Buy Jaiprakash Associates for target of Rs 135: APTART
APTART Technical Services has advised traders to buy Jaiprakash Associates for target of Rs 135.
Jaiprakash Associates' cement sales up 57% in April
Jaiprakash Associates Ltd today said it has reported a 57 per cent jump in its cement sales at 12.47 lakh tonnes.
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