Jaiprakash Associates slips over 2% after SC deposit order
H&R Johnson expecting flat turnover in FY 18
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March 23, 2018The bench headed by Chief Justice Dipak Misra asked the real estate major to deposit Rs 100 crore by April 6 and the rest by May 10, according to a report by PTI.
The scrip closed 2.50 per cent down at Rs 19.50 on BSE.
It opened at Rs 20.30 and hit high and low of Rs 20.55 and Rs 19.20, respectively.
It had hit 52-week high of Rs 30.40 on July 28, 2017, and 52-week low of Rs 9.15 on May 24, 2017.
The top court asked JAL to submit a project-wise chart of homebuyers seeking refund so that the amount can be dispersed on a pro-rata basis.
Ace investor Rakesh Jhunjhunwala‘s Rare Enterprises last week bought 3 crore shares in Jaiprakash Associates at Rs 18.37 per share amounting to nearly Rs 55 crore, as per bulk deal data uploaded on Thursday by the NSE.