Shares of Orient Cement were up 1.4% at Rs 224.95.

Meanwhile, the S&P BSE Sensex was down 45.99 points or 0.16% at 28,060.22.

On BSE, so far 4.35 lakh shares of Jaiprakash Power Ventures exchanged hands compared with average daily volume of 5.54 lakh shares in the past one quarter. The stock hit a high of Rs 4.90 and a low of Rs 4.70 so far during the day. The stock had hit a 52-week high of Rs 7.89 on 2 November 2015. The stock had hit a record low of Rs 3.65 on 2 June 2016. The stock had underperformed the market over the past one month till 6 October 2016, sliding 6.94% compared with 3.01% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 19.15% as against Sensex's 3.46% rise.

The small-cap company has equity capital of Rs 2938 crore. Face value per share is Rs 10.

The 2 million tonne per annum (MTPA) unit clocked turnover of Rs 90.70 crore in financial year ended 31 March 2016 and contributed 2.33% to turnover of Jaiprakash Power Ventures. The definitive agreement is yet to be executed. The expected date of completion of sale is around 6 months.

Jaiprakash Power Ventures reported net loss of Rs 196.16 crore in Q1 June 2016 compared with net profit of Rs 66.96 crore in Q1 June 2015. Net sales declined 37.8% to Rs 750.41 crore in Q1 June 2016 over Q1 June 2015.

Jaiprakash Power Ventures is a power company and a part of Infrastructure conglomerate - Jaypee Group. The company plans, develops, implements and operates power projects in India.