Jaiprakash Associates Ltd.

Jaiprakash Associates Ltd. Q1 Results; Net Loss Rs. 333 Cr

Jaiprakash Associates Ltd. Q1 Results; Net Loss Rs. 333 Cr:

To begin with, Jaiprakash Associates Ltd. announced, its net loss of Rs. 332.68 Cr on August 8th. While the company also posted its consolidated net profit of Rs. 574.62 Cr in the same quarter last year.

Besides, the company’s total revenue stood at Rs. 1,140.99 Cr in this quarter ended on 30th June. The company also posted its revenue of Rs. 1,778.91 Cr in the same quarter last year.

Jaiprakash Associates Limited shares traded with a gain of 0.15 points reached 3.75 INR with 4.17% up. Its previous close at 3.60 INR. The company shares traded on the National Stock Exchange.

Stock Market Update: 

Stock Market August 7th: On Friday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 38,040.57 levels and Nifty stood traded gain with 11,214.05 levels. The Sensex raised 15.21 points with a 0.040% gain. Besides, Nifty has raised 13.90 points with a 0.12% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 21,53,010 as of August 9th, and deaths reached 43,453.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market on 7th August. It raised 202.02 points with a 1.44% gain and reached a 14,218.87 level. The S&P BSE Smallcap index raised 106.46 points with a 0.78% gain and reached a 13,668.69 level. However, the Nifty Bank raised 111.40 points with a 0.51% gain and reached a 21,754.00 level.

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