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Jaiprakash Associates surges with Rakesh Jhunjhunwala picking 1.03% stake

21 Jul 2017 Evaluate

Jaiprakash Associates is currently trading at Rs. 25.10, up by 2.05 points or 8.89% from its previous closing of Rs. 23.05 on the BSE.

The scrip opened at Rs. 25.35 and has touched a high and low of Rs. 26.50 and Rs. 24.25 respectively. So far 99,53,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 26.50 on 21-Jul-2017 and a 52 week low of Rs. 6.71 on 25-Nov-2016.

Last one week high and low of the scrip stood at Rs. 26.50 and Rs. 20.50 respectively. The current market cap of the company is Rs. 6,105.00 crore.

The promoters holding in the company stood at 38.61%, while Institutions and Non-Institutions held 26.07% and 35.33% respectively.

Ace investor Rakesh Jhunjhunwala has bought 1.03% stake in Jaiprakash Associates during April-June quarter. The ace investor was holding 2.50 crore shares in Jaiprakash Associates as of June 30, 2017.

Jaiprakash Associates is an India-based diversified infrastructure conglomerate. Its 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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