Jaiprakash Power shares rallied 8.4% after strong Q1FY27 results, with revenue rising 12.2% and profit surging 68.6% year-on-year. The company returned to sequential profitability, while increased institutional holdings and positive technical momentum further supported investor sentiment.
Jaiprakash Power shares rallied 8.4% after strong Q1FY27 results, with revenue rising 12.2% and profit surging 68.6% year-on-year. The company returned to sequential profitability, while increased institutional holdings and positive technical momentum further supported investor sentiment.
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Jaiprakash Power Ventures shares rallied as much as 8.4% on Tuesday, hitting an intraday high of Rs 18.32, after the company reported robust earnings for the June quarter (Q1FY27). Strong growth in both revenue and profit, coupled with a return to profitability on a sequential basis, boosted investor sentiment.The company reported consolidated revenue from operations of Rs 1,775.70 crore for the June 2026 quarter, registering a 12.2% year-on-year (YoY) increase from Rs 1,583.16 crore in the cor…
