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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: August 17 2020
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  • Re : Jaypee Greens Wishtown, Noida

    Today, there has been a block deal of 668000 shares in Jaiprakash Asso at Rs 6.20 per share. The stock is 16% UP today and buzzing in volume.

    There is a flying news that after Credit Restructuring Mahindra Group is in race for strategic partnerships

    Good news for JAYPEE WISH TOWN.

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    • Re : Jaypee Greens Wishtown, Noida

      Unitech surges on proposed Greater Noida exit policy
      http://economictimes.indiatimes.com/...w/52723570.cms

      May be this the same reason for run up in JP share prices

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      • Re : Jaypee Greens Wishtown, Noida

        This will probably not impact JP since JP got this land via a different construct

        Most probably this is the news for the upturn in share prices:

        Mumbai
        : The RBI has allowed lenders to carve out the "unsustainable" portion of their loans to troubled corporates and convert them into equity. The new restructuring scheme will help public sector banks in cleaning up large chunks of their bad loans, which amount to Rs 4.76 lakh crore.

        Read more at:
        New RBI debt recast norms to help clean up bad loans


        Although this Mahindra news is also doing the rounds
        Last edited June 14 2016, 10:13 AM. Reason: news format

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        • Re : Jaypee Greens Wishtown, Noida

          dineshsays; but they have to pay 2K cores fit YEW land and if they can surrender and walk away, this would be a big positive. Development in YEW is atleast 5 years away in current situation and with such high holding costs it make little sense to hold on.
          Last edited June 14 2016, 10:13 AM. Reason: user tag

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          • Re : Jaypee Greens Wishtown, Noida

            Also the high percentage gains mean little in most cases as it is just an increase of Rs 1 per share.

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            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by jollygood View Post
              @dineshsays but they have to pay 2K cores fit YEW land and if they can surrender and walk away, this would be a big positive. Development in YEW is atleast 5 years away in current situation and with such high holding costs it make little sense to hold on.
              No I am not sure it is money only for land or acquisition or EDC etc.

              In any case it is good news if on exchange some money can be written off.

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              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by jollygood View Post
                Also the high percentage gains mean little in most cases as it is just an increase of Rs 1 per share.
                That is inconsequential - point is an upper circuit of a falling stock or thereabouts indicates some news doing the rounds which we are trying to ascertain.

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                • Re : Jaypee Greens Wishtown, Noida

                  dineshsays; agreed but even if there is a whiff of a positive news the price would shoot up and you can increase only in finite increments and this in percentage terms for penny stocks appears huge

                  also the increase could be due to this news

                  http://www.therealtypaper.com/sebi-l...ors/104049.cms
                  Last edited June 14 2016, 11:22 AM. Reason: User tagging.

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                  • Re : Jaypee Greens Wishtown, Noida

                    Another near upper circuit again today.

                    Hope there is some substance to this and it doesn't turn into a damp squib

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                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by dineshsays View Post
                      Another near upper circuit again today.

                      Hope there is some substance to this and it doesn't turn into a damp squib
                      Could be linked to the YExy monetisation to complete Wishtown, alteast this is what they talked about in the protest videos

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