Articles for tag: acquisition interest, infrastructure sector, stock decline

Rajiv Sharma

Shares drop from ₹325 to ₹3, Adani pushes to acquire the company.

Shares drop from ₹325 to ₹3, Adani pushes to acquire the company.

Introduction Jaypee Associates has experienced significant fluctuations in its stock market price, with shares plummeting from ₹325 to a mere ₹3. This decline highlights the company’s challenging trajectory over the past 15 years. Recently, the Adani Group has shown interest in acquiring the company, seeking permission from the Competition Commission of India (CCI) to proceed ...