During the day, the scrip climbed 11.29 percent to touch its intra-day high at Rs 75.40 on the BSE. It closed at Rs 74.25, up 9.59 percent, on the BSE.
Following the uptick, the market capitalisation of the company improved by Rs 1,065.41 crore to Rs 12,177.41 crore.
Meanwhile, shares of Jaiprakash Power Ventures also witnessed good demand on the bourses. The stock climbed 5.39 percent to settle at Rs 5.87 at BSE. The company's shares rose by 8.61 percent to touch its intra-day high of Rs 6.05.
Market analysts said the uptrend in the counter was largely a knee-jerk reaction to the project acquisition announcement.
Moreover, the broader market was also trading in the positive territory, which also helped investor sentiments.


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