Scripscan:Jai Corp Ltd
cmp:88
Code:512237
Story:Jai Corp Limited engages in the manufacture and sale of steel products, plastic processing products, and spinning yarns primarily in India. The company offers steel products, including galvanized coils and sheets, cold-rolled sheets, and plain and corrugated steel sheets; and plastic products, such as polypropylene and polyethylene woven sacks, open bags, duffel bags, and rigid stand alone loop bags. It also provides synthetic yarns for apparel, home furnishings, carpets, and industrial applications; and fillers, white, black, color, and additive master batches for thermoplastic processors, OEMs and carpet, textile, and upholstery manufacturers. In addition, the company involves in developing special economic zones; constructing infrastructure projects comprising ports, power plants, and water and sewerage facilities, as well as providing engineering procurement and construction services; venture capital financing; and investing and developing real estate properties.Its been buzzing offlate with large volumes.The company, which is also into developing SEZs, infrastructure and real estate, is likely to gain from its investments in the Navi Mumbai SEZ which is close to the Navi Mumbai Airport.The process of airport development at Navi Mumbai has moved ahead with a panel likely to allow invitations for global bids soon.Its a complicated stock to understand as far the valuation of its parts are concerned.Retail investors exit it at rallies.
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