The Q2 result was announced after market hours on Tuesday, 29 October 2013.

Meanwhile, the S&P BSE Sensex was up 56.04 points or 0.27% at 20,985.05.

On BSE, 6.46 lakh shares were traded in the counter as against average daily volume of 2.84 lakh shares in the past one quarter.

The stock hit a high of Rs 52.40 and a low of Rs 48.20 so far during the day. The stock had hit a 52-week high of Rs 87.20 on 9 January 2013. The stock had hit a 52-week low of Rs 35.55 on 5 August 2013.

The stock had outperformed the market over the past one month till 29 October 2013, advancing 15.1% compared with the Sensex's 6.09% rise. The scrip had also outperformed the market in past one quarter, jumping 12.82% as against Sensex's 6.82% rise.

The small-cap company has equity capital of Rs 17.85 crore. Face value per share is Re 1.

Jai Corp's board of directors at a meeting held on Tuesday, 29 October 2013, decided to redeem 3.75 lakh fully paid-up 1% non-cumulative, non-participating redeemable preference shares.

Jai Corp was incorporated in 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.