JP Power shares: The drop comes after a strong three-day rally driven by high trading volumes and renewed investor interest. On Monday, JP Power gained 4.7% to reach ₹24.75, continuing its surge after hitting a new 52-week high of ₹24.86 on Friday.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is