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MV SCIF Mauritius buys stake in Jaiprakash Associates

22 Jun 2015 Evaluate

MV SCIF Mauritius has bought 0.54% stake in Jaiprakash Associates for Rs 16.25 crore. It has purchased 13.16 million shares at a price of Rs 12.35 a share on the National Stock Echange (NSE).

Jaiprakash Associates (JAL) is an India-based diversified infrastructure conglomerate. JAL's business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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