Jaiprakash Associates shares jump 20% to hit near 3-yr high
Shares of Jaiprakash Associates on Monday gained around 20% during intra-day trade, hitting a nearly three-year high, after the company reported a net profit of â¹764.99 crore in the June quarter. It had reported a loss of â¹602.95 crore in the corresponding quarter of the previous year. Its group companies, Jaypee Infratech, and Jaiprakash Power Ventures also rose 5% each. 