NEW DELHI: Shares of Jaiprakash Associates and Jaiprakash Power Ventures ended with gains on Monday after these firms announced plans to divest their cement business as well as some non-core assets to reduce debt.
Jaiprakash Associates Ltd (JAL) jumped 9.72 per cent to settle at Rs 11.74 apiece on the BSE. During the day, it rallied 12.52 per cent to Rs 12.04.