20 Nov 2025 | 5 Mins Read

Adani Enterprises deal sparks 27% Jaiprakash surge

Flipitmoney

Jaiprakash Power Ventures' share price rallied 10.5% to Rs 22.4, up 27% over two sessions, following the Committee of Creditors' approval of Adani Enterprises' resolution plan for Jaiprakash Associates. Adani's plan involves higher upfront payments and was favored over Vedanta's Rs 17,000 crore offer. Investors expect a positive impact on Jaiprakash Power Ventures' balance sheet.