JP Power shares rise over 11% on March 19

Shares of Jaiprakash Power Ventures saw a significant increase of over 11% in morning trading on March 19. The stock opened at ₹13.48 and climbed to ₹14.92. This rise comes after the stock had already gained more than 2% the previous day. The strong buying interest in JP Power shares continues for the second day. By around 11:50 AM, the stock was trading at ₹14.79, which marked a 10.46% increase from the previous close. Recently, the shares hit a 52-week low of ₹12.35 on March 3, reflecting a 48% drop from their 52-week high of ₹23.77 reached last October. Over the past year, the stock has faced challenges, losing 15% until March 18. However, when looking at longer periods, the stock performance is positive. It has risen 90% over the last three years and an impressive 1,812% over five years. Investors and analysts are curious to see if the upward trend will continue.