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JP Associates: Why shares tanked 9%

PUBLISHED ON: August 29, 2012 | Duration: 1 min, 59 sec

  
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Jaiprakash Associates shares plunged 9 per cent to a two-month low in a weak Mumbai market Wednesday. The cement maker was the top loser on the 50-share Nifty index. Here are the reasons behind the sharp decline in Jaiprakash Associates shares.
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