JP Power shares rally 7% in one week. Should you buy, sell or hold?

Jaiprakash Power Ventures Ltd shares are seeing a surge. The stock price hit Rs 24.75 on the NSE. This extends a rally from the past week. Adani Group bid to acquire Jaiprakash Associates. JP Associates is undergoing insolvency resolution. Six bidders are in the race. Analysts see potential for further upside if the stock crosses Rs 24.