Jai Corporation

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I have 57 Jai Corp at 866 (I was lucky to get it at those rates) and 8 Reliance Infra at 2760 today. I am planning to hold them tight;expecting some lottery!
Anybody has any inputs on Jai Balaji Industries?? It was hitting UC for a few days. I even happen to see an ad in TOI that they won a 16K crore project in West bengal for Power,Cement and Steel plants! I bought a few of those eysterday at 308. Today it hit UC at 323 but then after some time came falling to 298! Anybody has any inputs on this company?
 
Understand from very highly confidential sources the following:

1. Jai Corp will be merged with Reliance Indl Infrasture Ltd.

2. MukeshAmbani has bought the shares diluuted by Promoters recently through the Mutual Funds (2.19 Cr.share)

3. The share price has to cross 5 figures, sooner than later.

4, THIS WILL MAKE MUKESH AMBANI THE RICHEST PERSON IN THE WORLD.

5. Main reason for both shares to hit UC continuously.

CHEERS AND ENJOY THE RIDE.
Hi dvansia123,

May I know the source of this information please?

Regards,
MiLiND
 
Hi every one, I took got 100 shares of Jai Corporation @1305/- yesterday. I also read about the merger of Jai Corpn. with Reliance Infra on the current edition of the India Infoline Weekly wrap under "heard on the grapewine". Hope this information is true
 
There is also lot of buzz in the market that Rap Media is connected to Jai Corp. as both are in to development of Real Estate. Rap Media is into development of ultra modern malls in tier 1 and 2 cities. 2 of their malls have attached 5 star hotels. This mall hotel concept is quite new to India and a likely money maker in the future. For for info visit their website www.rapmalls.com. I have picked up 500 shares of Rap Media at avg. cost of about 50/-. Hope this also goes the Jai Corpn. way.
 
Also there is lot of buzz in the market that Rap Media is connected to Jai Corpn. as both are in to development of real estate. Rap Media is into development of ultra modern malls in the tier 1 and 2 cities of India. Presently their malls are concentrated in Punjab and UP. Two of their malls have attached 5 star hotels. This mall hotel is a new concept to India and a likely money spinner for the company. I have picked up 500 shares of Rap Media at an average cost of about Rs. 560/-. Hope this also goes the Jai Corpn. way
 
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