need Suggestion JAI Corp

Hi Freinds,

I bought 2 shares of JAI CORP for 15000, now after split n bonus it is new price is RS 1284... may i know what shd ill be the one year target. or what is the long term (1 year ) target.

Looking forward for your reply.

Regards
dARKCHAP25

if u go through the forums, there is a huge forum on jai corporation..place your question there......

Cold-rolled steel maker Jai Corp Ltd said on Saturday its board had approved raising up to 21.12 billion rupees from investors and founders.

It will raise about 6.12 billion rupees by issuing equity shares to investors on a preferential or private placement basis.

The board also approved the issue of redeemable preference shares worth up to 15 billion rupees to founders