Jai Corp at all time high on bonus bonanza

Jai Corp Limited announced before the market hours today, 8 August 2007 that a meeting of the board of directors of the company will be held on 09, August 2007 to consider issue of bonus shares. The book value per share is a healthy Rs 392.63.

The company’s current equity is Rs 8.63 crore, with 86.3 lakh outstanding shares of a face value of Rs 10.

The current market price of Rs 5061.70 discounts its Q1 June 2007 annualised EPS of Rs 157.78, by a PE multiple of 32.08.