Jai Corp Shares Plunge 20% After Selling Land Parcel to Reliance Industries: A Deeper Look at the Market Reaction
Shares of Jai Corp saw a significant drop of nearly 20% on Thursday, hitting Rs 248.4 on the National Stock Exchange (NSE). This decline follows the announcement that the company had sold a large industrial land parcel to Reliance Industries. The news sent shockwaves through the market, prompting investors to reassess the company’s future prospects….