The company announced Q4 results after market hours on Wednesday, 8 May 2013.

Meanwhile, the S&P BSE Sensex was down 14.73 points or 0.07% at 19,975.45.

On BSE, 1.27 lakh shares were traded in the counter as against average daily volume of 6.03 lakh shares in the past one quarter.

The stock hit a high of Rs 68.50 and a low of Rs 67.55 so far during the day. The stock had hit a 52-week high of Rs 87.20 on 9 January 2013. The stock had hit a 52-week low of Rs 47.10 on 28 March 2013.

The stock had outperformed the market over the past one month till 8 May 2013, jumping 15.1% compared with the Sensex's 8.42% surge. The scrip had, however, underperformed the market in past one quarter, gaining 2.3% as against Sensex's 2.59% rise.

The small-cap company has equity capital of Rs 17.85 crore. Face value per share is Re 1.

Jai Corp's net profit declined 24.3% to Rs 74.89 crore on 2.5% growth in net sales to Rs 632.66 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

On consolidated basis, Jai Corp's net profit declined 22.4% to Rs 106.65 crore on 1.7% growth in net sales to Rs 693.61 crore in FY 2013 over FY 2012.

Jai Corp's board of directors at a meeting held on Wednesday, 8 May 2013, recommended dividend of 50 paise per share for FY 2013.

Jai Corp was incorporated in 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.