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Why did this share crash 20% in one fell swoop – jai corp shares price falls 20 percent watch the video to know why

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Jai Corp Shares: Shares of Jai Corp Limited fell heavily on Thursday, January 2. The share price fell by 20 percent in one fell swoop and reached the lower circuit. The fall came after the news that the company has proposed a capital reduction in Urban Infrastructure Holdings Pvt Ltd (UIHPL) and called an extraordinary general meeting (EGM) of shareholders for this. Jai Corp has about 32 percent stake in UIHPL.

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