Jai Corp: Shares crack 20% land parcel sale update – What's the ...
Jan 2, 2025 · Jai Corp: Shares of BSE SmallCap-listed Jai Corp Limited nosedived 20 per cent, hitting lower circuit after the sale of Maharashtra's largest industrial land parcel of over 5,286 acres. The stock opened at Rs 298.95 apiece on BSE and hit its 52-week low value of Rs 247.90 during intraday trade.
Jai Corp Shares Ends Nearly 20% Lower After Selling Land Parcel …
Jan 2, 2025 · Shares of Jai Corp. tumbled nearly 20% on Thursday after an industrial land parcel of over 5,286 acres was sold to Reliance Industries Ltd. at a valuation of Rs 2,200 crore. Urban Infrastructure Holdings Pvt. Ltd., a company in which Jai Corp holds 32%, concerned an extraordinary general meeting of shareholders to approve the capital reduction.
Jai Corp Ltd. News - The Economic Times
Jai Corp share price: The proposed capital reduction in Jai Corp is contingent upon shareholder and regulatory approvals, after which UIHPL is expected to receive approximately Rs 364 crore.
Jai Corp shares hit 20% lower circuit, plunge to 52-week low
Jan 2, 2025 · Jai Corp share price saw a sharp decline on Thursday, January 2, plunging to its 52-week low of ₹ 247.90, after hitting the 20% lower circuit limit, accompanied by heavy trading volumes.
Jai Corp tanks 19% on heavy volumes, nears 52-wk low; down …
Jan 2, 2025 · Jai Corp share price: Jai Corp shares tanked 19 per cent to Rs 252 on the BSE in Thursday’s intra-day trade amid heavy volumes after the company informed the stock exchange that Urban Infrastructure Holdings Pvt. Ltd. (UIHPL), a company in which it holds a 32 per cent stake, is convening an extraordinary general meeting of shareholders to approve capital reduction proposed by the company.
Jai Corp shares: Stock plunged 19% today; here's why
Jan 2, 2025 · Jai Corp shares plunged 18.55 per cent to hit a low of Rs 252.35 on BSE. It fell 5.20 per cent on Wednesday and 2.46 per cent on Tuesday.
Jai Corp crashes after subsidiary seeks capital reduction following ...
Jan 2, 2025 · Jai Corp slumped 20% to Rs 247.90 as the company's subsidiary, Urban Infrastructure Holding (UIHPL), is seeking capital reduction following the sale of a 74% stake in Navi Mumbai IIA to Reliance Industries. UIHPL, in which Jai Corp holds a 32% stake, will convene an extraordinary general meeting ...
Jai Corp Ltd. News, Corporate filings and Earnings/Conference Calls
Jan 2, 2025 · Keep track of all breaking news and updates on Jai Corp Ltd. from all sources in a single place. Jai Corp shares fell 20% to 247.90, a 52-week low, after Urban Infrastructure Holdings announced a capital reduction proposal.
Jai Corp Share Price - The Economic Times
1 day ago · Jai Corp Share Price Today: Jai Corp Live NSE/BSE updates on The Economic Times. Check out why Jai Corp share price is up today. Get all details on Jai Corp shares news and analysis, Forecasts, Dividend, balance sheet, profit & loss, Quarterly results, annual report information, and more
Jai Corp Shares Tumble Over 35% In Two Days After Land Parcel …
6 days ago · Urban Infrastructure Holdings Pvt. Ltd., in which Jai Corp. holds a 32% stake, held an extraordinary general meeting of shareholders to approve a capital reduction plan. The subsidiary of Urban Infrastructure Holdings sold its 74% stake in Navi Mumbai IIA Pvt. for Rs 1,628.03 crore, setting the company's valuation at Rs 2,200 crore, to Reliance ...