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Friday, 17 February 2017

Mind boggling Asset Base: _One of its kind_

JP Associates Ltd:

Apart from cement capacity of 11 million ton ( after sale of 21 million to Ultratech), co also has:

1) Jaypee Greens Noida. Spread across 452 acres

2) Jaypee Greens Wish Town Noida. Massive 1063 acres

3) Jaypee Greens Sports City. Huge 2500 acres

4) Jaypee Greens Aman Noida Expressway. 89 acres

5) *Coal Mines*: JP Associate has set up 3 JVs for development of 3 Coal blocks, namely, Amelia (North), Dongri Tal-II and Mandla with shareholding ratio of 51:49 between MPSMCL and JPA

Stay tuned for MORE Breaking News on its other Assets Base and INVESTMENTS

Current mkt cap is TINY if compared with Diversified productive Assets

*Stock will be re-rated soon when Ultratech money is received in next few days*

BUY BUY TP Rs 20-21 in 2-3 weeks

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