Multibagger Jindal Stainless rises 4% after acquiring 49% stake in Indonesian firm

Multibagger Jindal Stainless rises 4% after acquiring 49% stake in Indonesian firm

Shares of multibagger Jindal Stainless rose nearly 4% to Rs 290.2 in Wednesday’s trade on BSE after the firm said it has acquired a 49% stake in Indonesia-based Nickel Pig Iron Company. Jindal Stainless signed a joint venture agreement with an Eternal Tsingshan unit to develop a greenfield 200,000 metric tonne nickel pig iron plant … Read more