Jaiprakash Associates has approached the insolvency appellate tribunal NCLAT against the NCLT order relating to the distribution of Rs 750 crore in the Jaypee Infrastructure matter.

JAL approaches NCLAT against NCLT order on Jaypee Infratech matter

The Competition Commission of India (CCI) has approved proposed acquisition by the Dalmia Cement (Bharat) of certain assets from Jaiprakash Associates and its associate.

Dalmia Bharat, Jaiprakash Associates in action after CCI approves assets acquisition by Dalmia Cement

Dalmia Cement (Bharat) Ltd is a wholly-owned subsidiary of Dalmia Bharat Ltd (DBL). DBL engages in the business of manufacture and sale of cement, sugar and refractory services. DBL is the ultimate parent entity of the Dalmia Bharat Group.

CCI clears acquisition of certain assets of Jaiprakash Associates by Dalmia Cement(Bharat)

The Competition Commission of India on Wednesday approved the acquisition of certain assets of Jaiprakash Associates Ltd and its associate by Dalmia Cement (Bharat) Ltd.

CCI clears acquisition of Jaiprakash Associates’ assets by Dalmia Cement

Acquisition to help Dalmia Cement expand footprint in central India

CCI approves Dalmia Cement’s acquisition of Jaiprakash Associates’ cement plants for ₹5,666 crore

Jaypee Group’s flagship Jaiprakash Associates (JP Associates) stock dived 7.14 per cent to hit an intraday low of Rs 9.49 over its previous close of Rs 10.22. The scrip eventually settled 4.60 per cent lower at Rs 9.75.

JP Associates shares tank 5% as company defaults on loan payments

Morepen Laboratories Ltd, Vodafone Idea Ltd, Jaiprakash Associates Ltd and Chemplast Sanmar Ltd are among the other losers in the BSE’s ‘A’ group today, 09 January 2023.

Gati Ltd leads losers in ‘A’ group

The loans pertained to various banks and the nature of obligation is fund based working capital, non fund based working capital, term loans and FCCB (foreign currency convertible bonds). In September 2018, ICICI Bank filed an insolvency petition against JAL but the matter is still pending before the…

Jaiprakash Associates defaults on Rs 4,059 crore loans

Jaiprakash Associates defaults on ₹4,059 cr. loans

Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount.

Jaiprakash Associates defaults on Rs 4,059 crore loans with various banks

Company has entered into a binding framework agreement for acquisition of clinker, cement, power plants from Jaiprakash Associates

Dalmia Bharat - On Path To Be A National Player: ICICI Securities

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Jaiprakash Associates Limited is a diversified infrastructure company. The Company's principal business activities include engineering, construction & real estate development, and manufacturing of cement.