Small-cap stock Jaiprakash Power Ventures (JP Power) surged 5% to hit the upper price band of ₹18.96 in intraday trading on Thursday.
The rally follows the company’s announcement to set up a solar power project in Madhya Pradesh with an estimated investment of ₹300 crore. Investors reacted positively to the company’s move into renewable energy, boosting market sentiment for the stock.
