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What went wrong with Jaypee group?

What went wrong with Jaypee group?

​​​The JIL went into the insolvency process in August 2017 after the NCLT admitted an application by an IDBI Bank-led consortium. In the first round of insolvency proceeding, the Rs 7,350-crore bid of Lakshadweep, part of Suraksha Group, was rejected by lenders.

Who owns Jaypee?

Jaiprakash Gaur
Jaypee Group

Type Public
Founder Jaiprakash Gaur
Headquarters Noida, Uttar Pradesh, India
Key people Jaiprakash Gaur (Chairman)
Products Engineering Construction Cement Power Hospitality Real Estate Expressways Information Technology

Is Jaypee Group in loss?

jaypee infratech: Jaypee Infratech net loss widens to Rs 529.42 crore in Q1 FY22, Real Estate News, ET RealEstate.

Is it good to buy Jaiprakash Associates?

Ashwani Gujral, the investment advisor believes that JP Associates is not a very good pick for the long term. In conversation with CNBC TV-18, he observed that investors are buy poor quality stocks and get stuck, looking for answers. The expert said that such stocks are “trades”, and pegged the target at Rs 26.

Will Jaypee Infratech be delisted?

Jaypee Infratech, as has been the case with most other IBC cases, will be delisted from stock exchanges as part of Suraksha’s resolution plan, and public shareholders will be offered Rs 14 lakh.

What is Jaypee Infratech case?

On June 23, the financial creditors of Noida-based Jaypee Infratech Ltd. selected Suraksha Group of Mumbai over state-owned NBCC to take over the debt-laden developer and complete the unfinished 20,000 odd-apartments.

Who is the CEO of Jaypee Cement?

Shri Manoj Gaur
Shri Jaiprakash Gaur, Director (Founder of Jaypee Group) Shri Manoj Gaur, Executive Chairman & CEO.

Should I buy JP Power?

As on 8th Oct 2021 JPPOWER Share Price closed @ 5.20 and we RECOMMEND Buy for LONG-TERM with Stoploss of 3.70 & Strong Buy for SHORT-TERM with Stoploss of 4.39 we also expect STOCK to react on Following IMPORTANT LEVELS.

Which share are best to buy today?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Asian Paints 3,100.00 3,635
Axis Bank 874.75 899
B P C L 465.00 494
Bajaj Auto 3,586.00 4,195

Is it good to invest in JP Power?

Is Jaypee Infratech a good buy?

Jaypee Infratech Limited (NSE: JPINFRATEC) As on 7th Oct 2021 JPINFRATEC Share Price closed @ 1.95 and we RECOMMEND Buy for LONG-TERM with Stoploss of 1.62 & Sell for SHORT-TERM with Stoploss of 2.00 we also expect STOCK to react on Following IMPORTANT LEVELS.

Who bought Jaypee Infratech?

Suraksha group
Suraksha group on June 23 received the nod from financial creditors and homebuyers to takeover the embattled real estate firm Jaypee Infratech Ltd (JIL). As many as 98.66% of lenders voted in favour of the Suraksha Group’s bid.