Price History: JP Associates:

ANYTHING CAN HAPPEN

Trading at Rs 9.85 in 2004, JP Associates leapfrogged to *lifetime high of Rs 335 in 2008* but to crash to 32. Again  bounced to 180 in 2009. Again fell to Rs 28 in 2013. Shot up again to 91 in 2014 and *crashed to just Rs 5* in 2016 and tripled to Rs 17 in Feb 2017 but came down to 9.25 last month. Now stock  moving up again now to Rs 15.50

*Now there is no looking back for JP Associates. When most of debt ridden companies in bad state , under IBC going to NCLT, JP Associates is ONLY co having sold cement Assets of nearly 17000 cr( no other promoter has done something like this which shows integrity of JP promoter)*

Beginning of Achhe Din in real sense for JP stakeholders. Inherent prejudice of investors keeping price so low as no one has looked at Huge Assets, non-current investments of JP Associates

We reiterate TP 60+ in 2018