Jaiprakash Associates fell 1.97% to Rs 32.40 at 09:34 on BSE after the company reported net loss of Rs 106.48 crore in Q2 September 2014 compared with net profit of Rs 67.67 crore in Q2 September 2013.
The result was announced after market hours on Wednesday, 12 November 2014.
Meanwhile, the BSE Sensex was up 68.36 points, or 0.24%, to 28,077.26.
On BSE, so far 5.29 lakh shares were traded in the counter, compared with an average volume of 54.60 lakh shares in the past one quarter.
The stock hit a high of Rs 32.75 and a low of Rs 31.60 so far during the day. The stock hit a 52-week high of Rs 89.85 on 11 June 2014. The stock hit a 52-week low of Rs 24.05 on 25 September 2014.
The stock had outperformed the market over the past one month till 12 November 2014, rising 11.09% compared with 6.51% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 43.94% as against Sensex's 8.22% rise.
The mid-cap company has an equity capital of Rs 486.49 crore. Face value per share is Rs 2.
Jaiprakash Associates' total income fell 17.06% to Rs 2736.91 crore in Q2 September 2014 over Q2 September 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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