Jaiprakash Associates is currently trading at Rs. 69.55, up by 0.45 points or 0.65% from its previous closing of Rs. 69.10 on the BSE.
The scrip opened at Rs. 69.40 and has touched a high and low of Rs. 69.75 and Rs. 68.85 respectively. So far 327228 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 88.90 on 03-Apr-2012 and a 52 week low of Rs. 50.45 on 09-Jan-2012.
Last one week high and low of the scrip stood at Rs. 69.75 and Rs. 66.35 respectively. The current market cap of the company is Rs. 14778.71 crore.
The promoters holding in the company stood at 46.72% while Institutions and Non-Institutions held 33.40% and 19.88% respectively.
Jaiprakash Associates has paid $523.56 million to the bondholders to redeem foreign currency convertible bond (FCCB) that was raised in 2007. The company had raised $400 million through FCCB which was due to be redeemed on September 12, 2012.
Out of this, $354.475 million were outstanding on the due date. The total amount of $523.6 includes a redemption premium of 47.01% or $169.1 million. The repayment was funded by a combination of internal accrual and fresh proceeds from FCCB issued last week. The company raised $150 million through five-year convertible bond at a 5.75% and a conversion price of Rs 77.50 in the last week of August this year.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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