JP Power Shares Continue to Surge: Stock Jumps 23% in Two Sessions: What Is Driving the Rally?

JP Power shares today continued their rally as the stock jumped nearly 10% at the opening bell on Thursday. With this, JP Power shares have now surged 23% in just the last two sessions, due to heavy buying interest from investors.

According to market data, JP Power share price today is trading at around Rs. 22.11, up 9.08% at the time of writing, one of its strongest intraday gains in recent months. The stock has also risen almost 50% in the last six months. The stock is up 79.13% from its 52 Week Low

Why Are JP Power Shares Rising Today?

The main trigger behind the sharp jump in JP Power Ventures share price is linked to a major development in its parent group, Jaiprakash Associates (JAL).

As per the latest update, Adani Enterprises has outbid Vedanta and Dalmia Bharat to win the resolution bid for Jaiprakash Associates, the flagship company of the Jaypee Group, which is currently undergoing insolvency proceedings.

On November 19, Adani Enterprises confirmed that it had received a Letter of Intent from the Resolution Professional of JAL. The Committee of Creditors formally voted in favour of Adani's resolution plan under the Insolvency and Bankruptcy Code

The stock exchange filing stated, "This is to inform that the Committee of Creditors ("COC") of Jaiprakash Associates Limited ("JAL"), a company undergoing Corporate Insolvency Resolution Process ("CIRP") under the Insolvency and Bankruptcy Code 2016 ("IBC") has approved the Resolution Plan submitted by Adani Enterprises Limited ("AEL"). In this regard, AEL has received a Letter of Intent ("LOI") from the Resolution Professional ("RP") on November 19, 2025 at 3:05 p.m."

This recent announcement has brought about optimism in the market as Jaiprakash Associates owns around 24% stake in JP Power Ventures. Investors believe that Adani Group's entry may improve business operations, reduce financial stress, and bring fresh capital or restructuring efforts.

About JP Power Ventures

Jaiprakash Power Ventures is part of the Jaypee Group, a diversified infrastructure conglomerate with interests in engineering & construction, cement, power, real estate, expressways, hospitality, and more. The company was originally incorporated in 1994 (as Jaiprakash Hydro-Power) and later renamed Jaiprakash Power Ventures Ltd after merger within the group. JP Power is primarily into thermal and hydro power generation, along with captive coal mining and cement grinding. Its main assets include the 2×660 MW Jaypee Nigrie Super Thermal Power Plant in Singrauli, Madhya Pradesh, which uses coal from the group's Amelia (North) coal mine.