Jaypee Infratech jumped 5.18% to Rs 20.30 at 13:13 IST on BSE on bargain hunting after the stock fell 16.27% in the preceding eleven trading sessions to Rs 19.30 on 21 January 2014 from a recent high of Rs 23.05 on 6 January 2014.
Meanwhile, the BSE Sensex was up 42.54 points, or 0.20%, to 21,293.66.
On BSE, so far 3.13 lakh shares were traded in the counter, compared with an average volume of 4.79 lakh shares in the past one quarter.
The stock hit a high of Rs 20.35 and a low of Rs 19.10 so far during the day. The stock hit a record low of Rs 14.45 on 28 August 2013. The stock hit a 52-week high of Rs 53.65 on 21 January 2013.
The stock had underperformed the market over the past one month till 21 January 2014, sliding 10.02% compared with the Sensex's 0.81% rise. The scrip had, however, outperformed the market in past one quarter, rising 4.32% as against Sensex's 1.71% rise.
The mid-cap company has an equity capital of Rs 1388.93 crore. Face value per share is Rs 10.
More From This Section
Net profit of Jaypee Infratech declined 42.65% to Rs 103.78 crore on 13.02% rise in net sales to Rs 796.63 crore in Q2 September 2013 over Q2 September 2012.
Jaypee Infratech (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.
Powered by Capital Market - Live News