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The Times of India

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Jaiprakash Power surges nearly 4% after reports of divestment plans

Jaypee Jaypee Group New Delhi

NEW DELHI: Shares of Jaiprakash Power Ventures Ltd on Monday surged nearly 4% after the Jaypee Group announced plans to divest their cement business as well as some non-core assets to reduce debt.

Jaiprakash Power opened on a positive note in morning session today, then it surged to Rs 8.53 on the BSE before closing 3.8% higher at Rs 8.46 per share.

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