Shares of infrastructure major Jaiprakash Associates ended the day with 7.5 per cent loss as the company's standalone net loss widened to Rs 465 crore in April-June quarter of 2015-16 fiscal.
The stock ended 7.47 per cent down at Rs 11.02 on the BSE. During the day, it slumped 8.48 per cent to Rs 10.90.
At the NSE, shares of the company dipped 7.14 per cent to Rs 11.05.
The company's market valuation fell by Rs 216.43 crore to Rs 2,680.57 crore.
In terms of volume, 51.80 lakh shares of the company changed hands at the BSE, while over 3 crore shares were traded at the NSE during the day.
Jaiprakash Associates' standalone net loss widened to Rs 465 crore in the April-June quarter of the current fiscal from Rs 80.61 crore in the corresponding quarter of the previous year.
Total income from operations also declined to Rs 2,392.75 crore in the June quarter from Rs 3,030.40 crore in the year-ago period, the company had said in a BSE filing on Saturday.
