JP Power Share Price 📈💰
On Wednesday, JP Power Ventures Limited was seen trading with a rise in its share price. In the previous trading session, the company’s shares touched a 52-week high of ₹21.94. However, today there is a slight profit recovery seen in this share.
In the past four trading sessions, JP Power Ventures’ shares have witnessed a growth of 20.75%. On Friday, 9th February 2024, the share was trading at ₹21.90 with a decline of 3.31%.
In the last six months, JP Power Ventures has provided its investors with a return of 215%. The current share price is up to 50% on a year-to-date basis. In the past five years, the company’s shares have given a remarkable return of 1,185.29%. During this period, the share price has increased from ₹1 to its current level.
JP Power Ventures recorded a net profit of ₹172.85 crores in the December quarter. In the September 2023 quarter, the company had a net loss of ₹68.66 crores. In the same quarter last year, JP Power Ventures had incurred a loss of ₹217.97 crores.
According to experts at Anand Rathi firm, the JP Power Ventures share has strong support at ₹21 and resistance at ₹26. If the share price surpasses ₹26, it may touch ₹28.
Tips2Trades firm suggests that the JP Power Ventures share indicates strong growth. Currently, the stock is trading at ₹23.3. Investors should consider booking profits at the current price level. If the share closes below the support of ₹19, it may touch ₹15.5. The Securities and Exchange Board of India (SEBI) has placed JP Power Ventures shares under the Additional Surveillance Measure (ASM) framework. There is a possibility of a slight decline in the stock.
So, whether you are an investor or just interested in the stock market, keep an eye on JP Power Ventures’ share price. It has shown remarkable growth in the past and might continue to do so in the future. Don’t miss out on the potential opportunities it may present! 💪💼💸
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
