Jaiprakash Associates lost 1.6% to Rs 49.05 at 11:21 IST on BSE, with the stock sliding on profit taking after recent steep rally.
Meanwhile, the S&P BSE Sensex was down 63.53 points or 0.29% at 21,871.30.
On BSE, so far 21.23 lakh shares were traded in the counter as against average daily volume of 23.13 lakh shares in the past one quarter.
The stock hit high of Rs 51.90 and low of Rs 48.65 so far during the day. The stock had hit a 52-week high of Rs 83.60 on 20 May 2013. The stock had hit a 52-week low of Rs 28.40 on 19 August 2013.
The stock had outperformed the market over the past one month till 10 March 2013, rising 26.84% compared with the Sensex's 7.87% rise. The scrip, however, underperformed the market in past one quarter, sliding 8.87% as against Sensex's 3.2% rise.
The large-cap company has equity capital of Rs 443.81 crore. Face value per share is Rs 2.
Shares of Jaiprakash Associates had rallied 24.62% in three trading sessions to settle at Rs 49.85 on 10 March 2014 from a recent low of Rs 40 on 5 March 2014.
Jaiprakash Associates reported consolidated net loss of Rs 88.71 crore in Q3 December 2013 as compared to a net profit of Rs 110.93 crore in Q3 December 2012. Total income fell 9.5% to Rs 3181.81 crore in Q3 December 2013 over Q3 December 2012.
Jaiprakash Associates is a diversified company with business interest in construction, power, cement, real estate and hospitality
Powered by Capital Market - Live News
