JP, Amtek Group extend gains; Jaypee Infra surge over 50% in one week

JP Associates, JP Power Ventures, Jaypee Infratech, Amtek Auto, JMT Auto and Castex Technologies were up 17% to 56% in one week

Shares of Jaiprakash Associates (JP) Group stocks Jaiprakash Associates, Jaiprakash Power Ventures and Jaypee Infratech rallied by upto 20% in intra-day trade on the BSE, extending their gains for the past three days on back of positive media reports.

Jaiprakash Power Ventures has surged 20% to Rs 9.52, also its 52-week high on the BSE in intra-day trade today on back of heavy volumes. The stock rallied 37% in past four trading sessions after the media report suggested that lenders scout for new owner for JP Group arm Prayagraj Power.

The trading volumes on the counter jumped more