JPPOWER Hits 11-Year High on Strong Momentum

Shares of Jaiprakash Power Ventures (

) rallied as much as 7.90% in morning trade on July 11, 2025, touching an intraday high of ₹24.85 — the highest level since June 2014. The stock surpassed its previous swing highs of ₹23.77 (October 2024) and ₹24 (February 2024), marking a significant technical breakout. As of 01:32 PM IST, the stock was trading at ₹24.06, up 4.47%, with a market capitalization of ₹15,359 crore. JPPOWER is a part of the Jaypee Group and operates the largest private sector hydroelectric power plant in India. This move comes amid growing investor interest in small-cap power sector stocks, with JPPOWER's fundamentals showing a PE of 18.88 and ROE of 6.62%. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors/Traders are advised to consult their certified financial advisor before making any investment decisions.