Adani Group Emerges as Sole Bidder for JP Associates, Share Price Surges 5%

Updated: 08 Jul 2025, 09:50 AM IST

JP Associates share price surged 5% as Adani Group emerged as the only bidder without conditions in the race to acquire the company.

Adani Group Emerges as Sole Bidder for JP Associates, Share Price Surges 5%

On Tuesday, July 8, JP Associates share price hit the 5% upper circuit, extending gains for a second straight session. This was after a media report suggested that the Adani Group had emerged as the only bidder without conditions in the race to acquire the company.

More updates on this development are expected to follow.