Meanwhile, the BSE Sensex was down 161.81 points or 0.83% at 19,230.05.
On BSE, 3.94 lakh shares were traded in the counter as against average daily volume of 6.16 lakh shares in the past one quarter.
The stock hit a high of Rs 64.90 and a low of Rs 61.85 so far during the day. The stock had hit a 52-week low of Rs 45.50 on 20 December 2011. The stock had hit a 52-week high of Rs 117.45 on 22 February 2012.
The stock had outperformed the market over the past one month till 5 December 2012, surging 12.22% compared with the Sensex's 3.35% rise. The scrip had also outperformed the market in past one quarter, jumping 18.85% as against Sensex's 12.01% surge.
The small-cap company has equity capital of Rs 17.85 crore. Face value per share is Re 1.
Shares of Jai Corp had jumped 15.85% in eight trading sessions to settle at Rs 64.30 on Wednesday, 5 December 2012, from a recent low of Rs 55.50 on 22 November 2012.
Jai Corp's net profit fell 27.7% to Rs 21.43 crore on 12.2% growth in net sales to Rs 167.53 crore in Q2 September 2012 over Q2 September 2011.
Jai Corp was incorporated in 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.
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