Meanwhile, the S&P BSE Sensex was down 14.75 points or 0.06% at 24,670.67

Bulk deal boosted volume on the scrip. On BSE, so far 99.13 lakh shares of Jaiprakash Associates were traded in the counter as against average daily volume of 37.33 lakh shares in the past one quarter. The stock hit a high of Rs 8.22 and a low of Rs 7.96 so far during the day. The stock had hit a record low of Rs 6.45 on 12 February 2016. The stock had hit a 52-week high of Rs 26.70 on 10 April 2015.

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

Jaiprakash Associates reported net loss of Rs 830.64 crore in Q3 December 2015, higher than net loss of Rs 137.03 crore in Q3 December 2014. Jaiprakash Associates' net sales declined 23.1% to Rs 2000.03 crore in Q3 December 2015 over Q3 December 2014.

Jaiprakash Associates is the flagship company of the Jaypee group and is engaged in engineering and construction, cement, real estate and hospitality businesses.