Jaiprakash Associates shares surged 217% in 2017
Shares of infrastructure conglomerate Jaiprakash Associates have jumped 217% so far in 2017. However, it is still down 92% from its record high in 2008. It reported a profit in June quarter for the first time in 12 consecutive quarters. Notably, shares of group companies Jaypee Infratech rose 165% and Jaiprakash Power Ventures gained 72% in 2017. 