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Jaiprakash Associates declines on reporting net loss of Rs 537.75 crore in Q2

16 Nov 2015 Evaluate

Jaiprakash Associates is currently trading at Rs. 11.75, down by 0.17 points or 1.43% from its previous closing of Rs. 11.92 on the BSE.

The scrip opened at Rs. 11.70 and has touched a high and low of Rs. 12.02 and Rs. 11.70 respectively. So far 502101 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 35.10 on 19-Nov-2014 and a 52 week low of Rs. 7.95 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 12.38 and Rs. 11.14 respectively. The current market cap of the company is Rs. 2882.46 crore.

The promoters holding in the company stood at 39.38% while Institutions and Non-Institutions held 25.87% and 34.75% respectively.

Jaiprakash Associates has reported a net loss of Rs 537.75 crore for the quarter ended September 30, 2015 as compared to net loss of Rs 169.18 crore for the same quarter in the previous year. Total income of the company has decreased by 10.09% at Rs 2465.43 crore for the quarter under review as compared to Rs 2742.21 crore in the corresponding quarter of the previous year.

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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