Jaiprakash, GMR place shares amid Modi euphoria

Moves by the Indian infrastructure companies illustrate the country's improved post-election mood.
Jaiprakash Associates built India's only Formula One racing track.
Jaiprakash Associates built India's only Formula One racing track.

Indian infrastructure building company Jaiprakash Associates completed an accelerated qualified institutional placement (QIP) of shares Thursday, drawing solid demand as investors continued to flock to India amid a post-election euphoria.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media