CMP Rs 14: BV Rs 60

Jaiprakash Associate Ltd

Jaiprakash Associate Ltd *networth is Rs 15000 cr on 498cr equity. Moreover mkt value of its Assets is MUCH HIGHER than BV also*

JP Associates is different from other debtridden companies as JP promoter didnt siphon off funds . Only mistake promoter wanted to grow too fast and made huge capex in _long gestation capital intensive_projects

JP Associates will be biggest beneficiary of ingoing debt restructuring *WHICH WILL ENABLE CO TO POST PROFIT FOR FY18*

Current mktcap of 3500 cr is tiny considering its BIG assets in cement fertilizer,mining, Power Real estate, Power transmission, Infrastructure, Hotels, Hospitals etc.
*Valuation of fertilizer division alone can be more than its mktcap*

Largest industrial conglomerate of U.P. will be Turnaround Story on India Inc.

TP Rs 60 in 2018