Shares in JV Global Ltd have shot up almost 27 per cent after its wholly owned subsidiary, JV Global (Australia) Pty Ltd, signed a formal joint venture agreement with India's Shapoorji Pallonji Group.

Shares in JV Global Ltd have shot up almost 27 per cent after its wholly owned subsidiary, JV Global (Australia) Pty Ltd, signed a formal joint venture agreement with India's Shapoorji Pallonji Group.