Jaiprakash Power Ventures Ltd is down for a fifth straight session today. The stock is quoting at Rs 17.67, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 23927.75. The Sensex is at 76618.81, down 0.14%.Jaiprakash Power Ventures Ltd has lost around 5.96% in last one month.Meanwhile, Nifty Energy index of which Jaiprakash Power Ventures Ltd is a constituent, has eased around 1.45% in last one month and is currently quoting at 39718, down 0.13% on the day. The volume in the stock stood at 284 lakh shares today, compared to the daily average of 1123.03 lakh shares in last one month.
The PE of the stock is 27.83 based on TTM earnings ending March 26.
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Valued Customer,
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We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
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Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
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