Penny stock under ₹5: Jaiprakash Associates share price dips over 5% despite THIS acquisition buzz
Jaiprakash Associates-Vedanta acquisition: Jaiprakash Associates’ share price today opened with a downside gap and shed over 5% within a few minutes of the Opening Bell. This could happen despite reports of big developments in its acquisition by Vedanta. As reported by the news agency PTI on Friday evening, the Vedanta Group has won the bid for the acquisition of troubled business Jaiprakash Associates (JAL), with an offer of ₹17,000 crore, beating out the Adani Group.
Jaiprakash Associates’ share price last traded on 1st September 2025. The penny stock under ₹5 finished 5% lower at ₹3.61 on September 1, 2025. After this development, the penny stock under ₹5 opened today lower at ₹3.42 apiece on the NSE, which turned out…
