Jaiprakash Associates is currently trading at Rs 37.50, down by 8.25 points or 18.03% from its previous closing of Rs 45.75 on the BSE.
The scrip opened at Rs 45.00 and has touched a high and low of Rs 45.00 and Rs 36.80 respectively. So far 22855812 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 89.85 on 11-Jun-2014 and a 52 week low of Rs. 34.05 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs 49.35 and Rs. 45.00 respectively. The current market cap of the company is Rs. 9121.71 crore.
The promoters holding in the company stood at 45.07% while Institutions and Non-Institutions held 38.87% and 16.06% respectively.
Jaiprakash Associates’ promoter entity Jaypee Infra Ventures has offloaded 1.3 crore shares in the company for Rs 62.40 crore through open market sale route. As on June 30, 2014, the promoters' holding in the company stood at 45.07% while institutions and non-institutions held 38.87% and 16.06% stake in the company, respectively.
Jaypee Group is the country’s third largest cement maker. Swiss major Holcim owns majority stake in both ACC and Ambuja Cement with a combined capacity of around 52 mtpa in India.
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