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Shares of Jaiprakash Associates and Jaiprakash Power Ventures ended with gains on Monday after these firms announced plans to divest their cement business as well as some non-core assets to reduce debt.
Jaiprakash Associates Ltd. jumped 9.72% to settle at Rs 11.74 apiece on the BSE. During the day, it rallied 12.52% to Rs 12.04.
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