F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comJaiprakash Associates Ltd is a well-known name in India’s infrastructure and construction space. The company has historically operated across engineering & construction, cement, power, real estate, and expressway development. Although the business has faced financial stress and debt-related challenges in recent years, it continues to attract investor interest due to its large asset base and turnaround potential.
In this article, we analyze Jaiprakash Associates Ltd share price targets from 2026 to 2030, based on current market data, business fundamentals, sector outlook, and risk factors.
| Detail | Value |
|---|---|
| Open | ₹3.26 |
| Previous Close | ₹3.26 |
| Day’s High | ₹3.26 |
| Day’s Low | ₹3.26 |
| VWAP | ₹0.00 |
| 52-Week High | ₹5.75 |
| 52-Week Low | ₹2.56 |
| All-Time High | ₹538.60 |
| All-Time Low | ₹1.05 |
| Market Capitalization | ₹800 Cr |
| Face Value | ₹2 |
| Book Value Per Share | -₹20.97 |
| Beta | -0.30 |
| Dividend Yield | — |
⚠️ Note: Negative book value reflects past losses and high liabilities, making this a high-risk stock.
Jaiprakash Associates Ltd is part of the Jaypee Group, once among India’s largest infrastructure developers. The company has executed several landmark projects, including highways, dams, power plants, and large-scale real estate townships.
Core business areas include:
Infrastructure & EPC projects
Cement manufacturing (via past and associate entities)
Power generation
Real estate & township development
In recent years, the company has focused on asset monetization, debt reduction, and restructuring to stabilize operations.
Extensive experience in large-scale infrastructure projects
Ownership of valuable land and infrastructure assets
Potential beneficiary of India’s infrastructure push
Government focus on roads, power, and housing
Possibility of turnaround through restructuring
High historical debt and financial stress
Negative net worth (book value)
Inconsistent revenue visibility
Dependent on successful asset sales and restructuring
Highly speculative stock with sharp volatility
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 60.76% |
| Promoters | 30.12% |
| Other Domestic Institutions | 8.55% |
| Foreign Institutions | 0.56% |
| Mutual Funds | 0.02% |
Heavy retail participation highlights speculative interest, while low institutional holding reflects higher perceived risk.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 4.0 | 5.5 |
| 2027 | 5.5 | 7.0 |
| 2028 | 7.0 | 9.0 |
| 2029 | 9.0 | 12.0 |
| 2030 | 12.0 | 16.0 |
These projections assume successful debt restructuring, asset monetization, and gradual business stabilization.
By 2026, modest improvement may be seen if asset sales and restructuring progress positively.
Growth Drivers
Debt reduction initiatives
Infrastructure sector revival
Improved liquidity
Investment View: Highly speculative, suitable only for risk-tolerant investors.
Operational clarity and lower interest burden could improve sentiment.
Growth Drivers
Asset monetization outcomes
Reduced financial stress
Government infrastructure spending
Investment View: High-risk turnaround play.
If restructuring succeeds, valuation re-rating may occur.
Growth Drivers
Improved balance sheet
Better execution visibility
Infrastructure demand growth
Investment View: Potential upside with continued high volatility.
By 2029, the company may benefit from stabilized operations.
Growth Drivers
Recovery in core businesses
Stronger cash flow management
Asset-light operational model
Investment View: Suitable only for long-term speculative exposure.
In a best-case scenario, Jaiprakash Associates could emerge as a restructured infrastructure player.
Growth Drivers
Long-term infrastructure cycle
Reduced debt burden
Renewed investor confidence
Investment View: High-risk, high-reward opportunity.
Jaiprakash Associates Ltd is not a traditional fundamental investment. It is a turnaround and restructuring-driven stock, suitable only for investors who understand the risks involved.
Very low share price
High historical brand recognition
Asset-backed recovery potential
Negative book value
Uncertain turnaround timeline
High volatility and dilution risk
Jaiprakash Associates Ltd remains a highly speculative infrastructure stock. While the downside risk is significant due to financial stress, the upside potential exists if restructuring, asset monetization, and sector tailwinds align.
Based on optimistic assumptions, Jaiprakash Associates Ltd share price could reach ₹12–₹16 by 2030. However, this stock should only be considered as a small, speculative allocation, not a core long-term investment.
1. What is the current share price of Jaiprakash Associates Ltd?
It is trading around ₹3.26 as per the latest available data.
2. What is the share price target for 2026?
The estimated range for 2026 is ₹4 to ₹5.5.
3. Is Jaiprakash Associates Ltd a safe investment?
No, it is a high-risk and speculative stock.
4. What is the share price target for 2030?
The projected target range for 2030 is ₹12 to ₹16 (optimistic scenario).
5. What factors influence the stock price most?
Debt restructuring, asset sales, infrastructure sector growth, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Stocks like Jaiprakash Associates Ltd carry high risk. Please consult a certified financial advisor before investing.
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