Jaiprakash Associates Ltd

Over 6 lakh shares changed hands on the counter. The rally followed media reports that the company may raise capital by selling equity in Jaiprakash Power Venture. The company had also announced earlier on November 7 that it plans to invest Rs 500 crore to construct a greenfield sports complex in Kanpur, and townships in and around the national capital region. The stock has jumped over 60 per cent in the past one month, Jaiprakash Associates Ltd has informed the BSE that December 26 has been fixed as the record date for the purpose of stock split of shares of Rs 10 each into five shares of Rs 2 each, the above particulars tells it is also looking good for two/three month.