Is Jaypee a good company?

Is The Jaypee Group a good company to work for? The Jaypee Group has an overall rating of 4.0 out of 5, based on over 361 reviews left anonymously by employees. 90% of employees would recommend working at The Jaypee Group to a friend and 79% have a positive outlook for the business.

Who is owner of Jaypee?

Shri Jaiprakash Gaur, Director (Founder of Jaypee Group) Shri Manoj Gaur, Executive Chairman & CEO.

Is Jaypee a government?

Jaypee is India’s first largest cement producer and the largest private sector hydropower company with 1,700 MW in operation.

What is the net worth of Jaypee Group?

RETURN ON ASSETS

BalanceSheet – Jaiprakash Associates Ltd.
Rs (in Crores)
Share Capital 490.92 486.49
Reserves & Surplus 5897.64 7343.86
Net Worth 6388.56 7830.35

What went wrong with Jaypee group?

It had uneven cash flow, due to downturn in the economy after 2008, and wasteful projects such as Formula 1. It failed to deliver to 32,000 homebuyers in Noida. They sold their core assets and revenue generators to decrease debt.

Why did JP Group fail?

The group’s main problem, however, is the Rs 54,000 crore pile of debt that is one of the highest among Indian companies. The high debt is a result of rapid expansion in real estate, infrastructure, cement and power sectors over the past few years.

Is JP Group finished?

On November 6, 2019, the Supreme Court directed completion of Jaypee Infratech’s insolvency process within 90 days.

Why did JP Associates fail?

Trouble began for Delhi-based infrastructure major JP Associates (JPA) after the global financial crisis of 2008 kicked off a downturn in the domestic economy. Debt raised by the company to fund growing ambitions piled up to a level that cash flows failed to keep pace with.

What is the latest news on JP Associates?

JAIPRAKASH ASSOCIATES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2022 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations), this is to inform that the next …

What went wrong with Jaypee?

What is future of JP Associates share?

Jaiprakash Associates Limited (NSE: JPASSOCIAT) As on 9th Jun 2022 JPASSOCIAT Share Price closed @ 8.40 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 9.19 & Strong Sell for SHORT-TERM with Stoploss of 9.03 we also expect STOCK to react on Following IMPORTANT LEVELS.