CMP: 88

Jaiprakash Associates Ltd. is an industrial conglomerate. The Company's lines of business include engineering and construction, cement, power, hospitality, real estate, and expressways and highways.

Jaiprakash Associates is best avoided, although its not a bad pick now. Its currently trading at a P/E of 25. It runs at a debt of 16,116 Crores with 1022 Crores cash in hand. Revenues have risen from 3442 Crores to 12,853 Crores in the last 5 years. Profits have risen from 415 Crores to 1,026 Crores in the last 5 years. Debt to Profits ratio is too high at nearly 16 years. With growth saturating and at pretty high P/E of 24, its best avoided.

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