Sell JP Power With Target Of Rs 65

Sell JP Power With Target Of Rs 65Stock market analyst Sudarshan Sukhani has maintained 'Sell' rating on Jaiprakash Power Ventures Ltd stock with target of Rs 65.

According to analyst, the investors can sell the stock with stop loss of Rs 69.50.

Today, the stock opened at Rs 68.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 97 and a low of Rs 57 on BSE.

Current EPS & P/E ratio stood at 2.99 and 22.83 respectively.

For the 12 month period ended March 31, Jaiprakash Power Ventures Ltd has recorded a net profit of INR 2515.50 million as compared to INR 1428.60 million in the same period of the last year.

The company's total income stood at INR 7177.90 million for the same period as compared to INR 3179.10 million for the year ended March 31st 2009.

The group has recorded consolidated net profit of INR 2417.90 million as compared to INR 1428.60 million for the twelve month period ended March 31st 2009.

The company's consolidated total income stood at INR 7177.90 million for the year ended March 31st 2010.