{"id":17750,"date":"2025-11-20T10:37:07","date_gmt":"2025-11-20T05:07:07","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=17750"},"modified":"2025-11-20T10:39:11","modified_gmt":"2025-11-20T05:09:11","slug":"jaiprakash-power-surges-adani-plan-coc-approval","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/jaiprakash-power-surges-adani-plan-coc-approval\/","title":{"rendered":"Jaiprakash Power Ventures Shares Rally 27% as Adani Plan for JAL Gets CoC Approval"},"content":{"rendered":"<p data-start=\"445\" data-end=\"671\">Jaiprakash Power Ventures Ltd. (JP Power) witnessed a strong market rally over two sessions as investors reacted to the Committee of Creditors (CoC) approving Adani Enterprises\u2019 resolution plan for Jaiprakash Associates (JAL).<\/p>\n<h2 data-start=\"678\" data-end=\"712\">Stock Jumps 27% in Two Days<\/h2>\n<p data-start=\"714\" data-end=\"928\">JP Power continued its upward momentum on Thursday, trading at \u20b922.4 in morning deals, up 10.5% for the day.<br data-start=\"830\" data-end=\"833\" \/>The stock had already climbed 14.91% on Wednesday, pushing its two-session gain to 27%.<\/p>\n<p data-start=\"930\" data-end=\"1048\">This sharp rally reflects investor optimism following the approval of Adani Enterprises\u2019 resolution offer for JAL.<\/p>\n<p data-start=\"930\" data-end=\"1048\"><em><strong>Also Read:<\/strong> <a href=\"https:\/\/www.niftytrader.in\/content\/shares-of-sammaan-capital-fall-13-after-sc-criticises-cbis-handling-of-investigation\/\">Shares of Sammaan Capital Fall 13% After SC Criticises CBI\u2019s Handling of Investigation<\/a><\/em><\/p>\n<h2 data-start=\"1055\" data-end=\"1105\">CoC Clears Adani Enterprises\u2019 Offer for JAL<\/h2>\n<p data-start=\"1107\" data-end=\"1317\">The surge comes after Adani Enterprises confirmed receiving a Letter of Intent on November 19, indicating that lenders had voted in favour of its resolution plan under the Insolvency and Bankruptcy Code.<\/p>\n<p data-start=\"1319\" data-end=\"1644\">Jaiprakash Associates, the flagship company of the Jaypee Group, is currently undergoing insolvency proceedings and holds a 24% stake in JP Power.<br data-start=\"1469\" data-end=\"1472\" \/>This link between the two companies has triggered expectations of positive spillover effects for JP Power if Adani Group ultimately gains control or influence over JAL.<\/p>\n<h2 data-start=\"1651\" data-end=\"1695\">Competitive Bidding: Adani vs Vedanta<\/h2>\n<p data-start=\"1697\" data-end=\"1753\">The approval also follows a competitive bidding process:<\/p>\n<ul data-start=\"1755\" data-end=\"2150\">\n<li data-start=\"1755\" data-end=\"1861\">\n<p data-start=\"1757\" data-end=\"1861\">Vedanta had emerged as the highest bidder in a September e-auction with a \u20b917,000 crore offer.<\/p>\n<\/li>\n<li data-start=\"1862\" data-end=\"2014\">\n<p data-start=\"1864\" data-end=\"2014\">Lenders, however, preferred Adani\u2019s plan, citing higher upfront payments, even though its net present value was around \u20b9500 crore lower.<\/p>\n<\/li>\n<li data-start=\"2015\" data-end=\"2150\">\n<p data-start=\"2017\" data-end=\"2150\">A creditor score sheet had assigned Adani the highest evaluation out of 100, though some lenders questioned the scoring criteria.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2152\" data-end=\"2263\">Jaiprakash Associates owes lenders about \u20b955,000 crore and entered insolvency proceedings in June 2024.<\/p>\n<h3 data-start=\"2270\" data-end=\"2330\">Market View: Potential Indirect Benefits for JP Power<\/h3>\n<p data-start=\"2332\" data-end=\"2416\">Market participants believe the CoC\u2019s approval could indirectly benefit JP Power as:<\/p>\n<ul data-start=\"2418\" data-end=\"2637\">\n<li data-start=\"2418\" data-end=\"2482\">\n<p data-start=\"2420\" data-end=\"2482\">Adani may eventually gain influence over JAL\u2019s shareholding,<\/p>\n<\/li>\n<li data-start=\"2483\" data-end=\"2543\">\n<p data-start=\"2485\" data-end=\"2543\">Investors expect stronger balance-sheet positioning,<\/p>\n<\/li>\n<li data-start=\"2544\" data-end=\"2582\">\n<p data-start=\"2546\" data-end=\"2582\">Improved management oversight,<\/p>\n<\/li>\n<li data-start=\"2583\" data-end=\"2637\">\n<p data-start=\"2585\" data-end=\"2637\">And a brighter medium-term outlook for JP Power.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2639\" data-end=\"2781\">The resolution plan will now be reviewed by the National Company Law Tribunal (NCLT), Allahabad Bench, along with other regulatory bodies.<\/p>\n<p data-start=\"2639\" data-end=\"2781\"><em><strong>Click here to explore:<\/strong><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/jppower\"> Jaiprakash Power Ventures<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jaiprakash Power Ventures Ltd. (JP Power) witnessed a strong market rally over two sessions as investors reacted to the Committee of Creditors (CoC) approving Adani Enterprises\u2019 resolution plan for Jaiprakash Associates (JAL). Stock Jumps 27% in Two Days JP Power continued its upward momentum on Thursday, trading at \u20b922.4 in morning deals, up 10.5% for [&hellip;]<\/p>\n","protected":false},"author":7,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-17750","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=17750"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17750\/revisions"}],"predecessor-version":[{"id":17752,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17750\/revisions\/17752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/17751"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=17750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=17750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=17750"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=17750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}