Jaypee Infratech slumps 5% on weak Q2 earnings

The Company posted a net (loss) of Rs. (1595.70) mn for the quarter ended September 30, 2015 as compared to net profit of Rs. 1159.00 mn for the quarter ended September 30, 2014.

Shares of Jaypee Infratech Ltd were lower by 5% at Rs. 12 .The Company posted a net (loss) of Rs. (1595.70) mn for the quarter ended September 30, 2015 as compared to net profit of Rs. 1159.00 mn for the quarter ended September 30, 2014.

The scrip opened at Rs. 12.55 and has touched a high and low of Rs. 12.7 and Rs. 12.35 respectively. So far 915911(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1812.55 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 25 on 05-Nov-2014 and a 52 week low of Rs. 11.42 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 13.89 and Rs. 12.91 respectively.

The promoters holding in the company stood at 71.64 % while Institutions and Non-Institutions held 15.17 % and 13.19 % respectively.

The stock is currently trading above its 200 DMA.