JP Associates, Videocon recover from Monday's fall; Nagarjuna Oil dips 10%

Meanwhile, Jai Balaji, Orchid Pharma, Unity Infra and Nagarjuna Oil, extended losses

Shares of JP Associates, Uttam Galva, Ruchi Soya and Videocon recovered on Wednesday after falling up to 10% on Tuesday after reports suggest that these companies were among the 40 names that appeared on RBI's second list of loan defaulters. CLICK HERE FOR THE REPORT

These companies may also be sent to NCLT if debt issue is not resolved by mid-December and the list is likely to be released in September, the report says.

JP Associates, which slipped nearly 10% post the development, gained over 7%in Wednesday's trade to Rs 22.95, while SEL Manifacturing and Uttam Galva were up over