Jaypee Infratech loses heavily on the bourses
DSIJ Intelligence / 16 Aug 2017
In the wake of media reports that the government may sell assets of Jaypee Infratech in order to provide relief to those who have bought homes in the company’s projects, the company’s scrip plunged down during Wednesday’s trade.
In the wake of media reports that the government may sell assets of Jaypee Infratech in order to provide relief to those who have bought homes in the company’s projects, the company’s scrip plunged down during Wednesday’s trade.
It breached the lower circuit at Rs 16.15 per share, down by Rs 16.15 or 4.72%. The stock has been breaching the lower circuit over the past five trading sessions on the BSE. It attracted a traded volume of 87,904 shares and traded value of Rs 14.28 lakhs on the NSE.
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