JPPOWER

JP Power shares soar 15%, gains over 25% in six months; here is why the stock is rallying

Shares of JP Power zoomed almost 15% on Monday, July 7, amid reports of Adani Group leading the race to acquire Jaiprakash Associates. According to exchange data, Jaiprakash Associates holds a 24% stake in JP Power. This is leading to the rally for the second session for the power firm.