Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Jaiprakash Associates has lost all its ground and it is a big disappointment. I am surprised that a chart can turn so easy and quickly. JP Associates gave a sense of accumulation and a breakout. That suggests that it is in a bull market. It has given up all its gain. I do not know why, but the charts suggest it is no longer in a bull market and it should be avoided completely."
The company's trailing 12-month (TTM) EPS was at Rs 3.51 per share. (Mar, 2013). The stock's price-to-earnings (P/E) ratio was 19.16. The latest book value of the company is Rs 57.79 per share. At current value, the price-to-book value of the company was 1.16. The dividend yield of the company was 0.74 percent.
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