Meanwhile, the BSE Sensex was up 2.82 points, or 0.01%, to 26,784.26.

On BSE, so far 34.21 lakh shares were traded in the counter, compared with an average volume of 41.61 lakh shares in the past one quarter.

The stock hit a high of Rs 25 and a low of Rs 23.10 so far during the day. The stock hit a 52-week low of Rs 23.10 on Tuesday, 16 December 2014. The stock hit a 52-week high of Rs 89.85 on 11 June 2014.

The stock had underperformed the market over the past one month till 16 December 2014, falling 31.69% compared with 4.51% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 31.09% as against Sensex's 1.09% rise.

The mid-cap company has an equity capital of Rs 486.49 crore. Face value per share is Rs 2.

On Tuesday, 16 December 2014, media reports suggested that Jaiprakash Associates delayed repayment of fixed deposits to its investors. The company had reportedly launched fixed deposits scheme in 2012 for tenure of one, two and three years. In some cases, Jaiprakash Associates withheld principal amounts of fixed deposits, reports added.

Jaiprakash Associates clarified during market hours on Tuesday, 16 December 2014, that keeping in view the provisions of the new Companies Act, the company has stopped accepting fresh deposits from the public from 1 April 2014. The company has been honouring its obligations to repay the fixed deposits as and when they become due. Minor delays, if any, should not be construed otherwise by any of the investors, Jaiprakash Associates said. The company has maintained its creditworthiness with all its lenders and investors and is committed to do so in future as well, Jaiprakash Associates said.

Jaiprakash Associates reported a net loss of Rs 106.48 crore in Q2 September 2014 compared with net profit of Rs 67.67 crore in Q2 September 2013. Net sales declined 15.4% to Rs 2664.12 crore in Q2 September 2014 over Q2 September 2013.

Jaiprakash Associates is a diversified infrastructure conglomerate with business interests in engineering & construction, cement, power, real estate, expressways, fertilizer, hospitality, healthcare, sports, information technology and education (not-for-profit).