Jaiprakash Associates lost 2.19% to Rs 35.75 at 11:37 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was up 12.36 points or 0.05% at 27,008.23.
On BSE, so far 24.76 lakh shares were traded in the counter as against average daily volume of 41.97 lakh shares in the past one quarter.
The stock hit a high of Rs 36.75 and a low of Rs 35.30 so far during the day. The stock had hit a 52-week low of Rs 32.30 on 5 September 2014. The stock had hit a 52-week high of Rs 89.85 on 11 June 2014.
The stock had underperformed the market over the past one month till 11 September 2014, declining 37.63% compared with Sensex's 5.79% rise. The scrip had also underperformed the market in past one quarter, sliding 56.12% as against Sensex's 5.97% rise.
The mid-cap company has 1equity capital of Rs 486.49 crore. Face value per share is Rs 2.
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Shares of Jaiprakash Associates had rallied 8.13% in four trading sessions to settle at Rs 36.55 on Thursday, 11 September 2014, from a recent low of Rs 33.80 on 5 September 2014.
Jaiprakash Associates reported a net loss of Rs 80.61 crore in Q1 June 2014 compared with net profit Rs 334.51 crore in Q1 June 2013. Net sales fell 8.8% to Rs 2993.66 crore in Q1 June 2014 over Q1 June 2013.
Jaiprakash Associates is a diversified infrastructure conglomerate with business interests in engineering & construction, cement, power, real estate, expressways, fertilizer, hospitality, healthcare, sports, information technology and education (not-for-profit).
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