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Jaiprakash Associates stock dips by 5.62 percent
By siliconindia
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Friday, 10 July 2009, 23:47 IST
Bangalore: Jaiprakash Associates ended up among the top losers of the day with a loss of 
11.10 (5.62 percent). Market of Jaiprakash opened with a gain of one point to its previous close of 197.35. Market was going at uniform speed before losing the grips towards end of the day. During the day, the share of Jaiprakash went up to 199.90 and a low of 184.70 with 5,083,300 shares traded through the day. The P/E ratio of the stock is 25.03. The stock has touched a 52 week high of 236 and a low of 47.05. With 9,636,446 units of shares, Reliance Diversified Power Sector Fund - Retail Plan (G) is the largest holder in Jaiprakash Associates. The 52-week stock price chart is given on left.
Jaiprakash Associates provides civil engineering and construction services primarily in India. It engages in constructing river valley and hydro power,irrigation and other infrastructure projects. The company also involves in the fabrication and erection of penstock liners and steel structures; hydro-mechanical equipment design, procurement, and erection; concrete manufacturing and placement; controlled earth/rock filling activities; and real estate development. In the financial year ended March 31, 2008, the company generated revenue of 4273.89 crores against 3575.45 crores in previous fiscal.
Out of 15 stock analysts currently following Jaiprakash Associates, consensus recommendation is outperform. Out of these, six rate stock as buy, three rate it as outperform while four rate it as hold and two recommend underperform.
Other related companies have also ended the day in red. Grasim Industries turned down by 0.70 percent, JK Lakshmi Cement slides by 3.09 percent and Saurashtra Cement by 7.28 percent.
11.10 (5.62 percent). Market of Jaiprakash opened with a gain of one point to its previous close of 197.35. Market was going at uniform speed before losing the grips towards end of the day. During the day, the share of Jaiprakash went up to 199.90 and a low of 184.70 with 5,083,300 shares traded through the day. The P/E ratio of the stock is 25.03. The stock has touched a 52 week high of 236 and a low of 47.05. With 9,636,446 units of shares, Reliance Diversified Power Sector Fund - Retail Plan (G) is the largest holder in Jaiprakash Associates. The 52-week stock price chart is given on left.
Jaiprakash Associates provides civil engineering and construction services primarily in India. It engages in constructing river valley and hydro power,irrigation and other infrastructure projects. The company also involves in the fabrication and erection of penstock liners and steel structures; hydro-mechanical equipment design, procurement, and erection; concrete manufacturing and placement; controlled earth/rock filling activities; and real estate development. In the financial year ended March 31, 2008, the company generated revenue of 4273.89 crores against 3575.45 crores in previous fiscal.
Out of 15 stock analysts currently following Jaiprakash Associates, consensus recommendation is outperform. Out of these, six rate stock as buy, three rate it as outperform while four rate it as hold and two recommend underperform.
Other related companies have also ended the day in red. Grasim Industries turned down by 0.70 percent, JK Lakshmi Cement slides by 3.09 percent and Saurashtra Cement by 7.28 percent.
