Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 40.5 points or 1.94% at 2125.21 at 09:49 IST. Among the components of the S&P BSE Utilities index, Reliance Power Ltd (up 5.63%), Rattanindia Power Ltd (up 3.69%),JSW Energy Ltd (up 3.59%),Jaiprakash Power Ventures Ltd (up 3.42%),Adani Transmission Ltd (up 2.9%), were the top gainers. Among the other gainers were Adani Power Ltd (up 2.46%), Reliance Infrastructure Ltd (up 2.42%), Va Tech Wabag Ltd (up 2.35%), PTC India Ltd (up 2.35%), and Indraprastha Gas Ltd (up 2.17%).
At 09:49 IST, the S&P BSE Sensex was up 384.38 or 0.8% at 48333.8.
The Nifty 50 index was up 112.7 points or 0.78% at 14472.15.
Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 33.21 points or 1.52% at 2224.83 at 09:49 IST. Among the components of the S&P BSE Utilities index, Reliance Infrastructure Ltd (up 6.15%), Adani Power Ltd (up 4.96%),Reliance Power Ltd (up 4.8%),Adani Transmission Ltd (up 3.33%),BF Utilities Ltd (up 3.08%), were the top gainers. Among the other gainers were Gujarat Industries Power Co Ltd (up 2.28%), Power Grid Corporation of India Ltd (up 2.05%), Rattanindia Power Ltd (up 1.9%), GE T&D India Ltd (up 1.88%), and JSW Energy Ltd (up 1.62%). On the other hand, Jaiprakash Power Ventures Ltd (down 2.75%), Mahanagar Gas Ltd (down 1.64%), and Indian Energy Exchange Ltd (down 0.4%) turned lower.
Jaiprakash Power Ventures Ltd pre-pays loans amounting to Rs. 299.51 crores
Posted On: 2021-04-01 04:09:37 (Time Zone: Arizona, USA)
Jaiprakash Power Ventures Ltd earlier this week has pre-paid its Long Term Loans/Working Capital Loans amounting to Rs. 299.51 Crs. These pre-payments were made through sale proceeds of Company s 74% stake in Jaypee Powergrid Limited. This is in line with the Company s endeavor to continue to reduce its debt.
Further, CRISIL and ACUITE, both rating agencies, have assigned rating of BBB- on the bank facilities of the Company and have indicated the outlook as Stable .
Shares of Jaiprakash Power Ventures Limited was last trading in BSE at Rs.3.44 as compared to the previous close of Rs. 3.28. The total number of shares traded during the day was 31786746 in over 14812 trades.
Jaiprakash Power Ventures pre-pays Rs 299.51 crore debt
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Last Updated: Apr 01, 2021, 09:55 PM IST
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The pre-payments were made from proceeds of the sale of the company s 74 per cent stake in Jaypee Powergrid Ltd.
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This is in line with the company s endeavour to continue to reduce its debt, the filing added.
Jaiprakash Power Ventures Ltd (JPVL) on Thursday said it has pre-paid debt worth Rs 299.51 crore. The company, earlier this week, pre-paid its long term loans/ working capital loans amounting to Rs 299.51 crore, according to a BSE filing. The pre-payments were made from proceeds of the sale of the company s 74 per cent stake in Jaypee
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