Indices faced a severe sell-off as fears of uncertainty around interest rate hikes and soaring inflation weighed on investors’ sentiment. Ahead of the weekend, investors chose to book profit as Nifty plunged 1.94 per cent to close at 17,530 while Sensex tanked 1,094 points.

The company has a strategic partnership with Tata Steel Ltd (TSL), and TSL's senior-level management has regularly been incorporated into the business.

 At 12.30 pm on Friday, the headline equity indices, i.e. Sensex and Nifty 50 were trading lower by a per cent as the markets seem to accommodate the upcoming rate hike by US Federal Reserve amongst recession fears.  

The company is a constituent of the BSE 500 index. 

Ashish Kacholia holds a 3.89 per cent stake in this company. 

On Friday, the benchmark indices opened in red for the third consecutive day and saw roughly half a per cent fall. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 471.52 points or 0.79 per cent.

An investment of Rs 1 lakh made in this stock a year ago would now be worth over Rs 43 lakh!

The market was trading weakly; however, the shares of Gujarat Containers were seen locked in the upper circuit in the Thursday trading session.

Interestingly the shares of Jayant Infratech were seen locked in a lower circuit on Tuesday and Wednesday trading sessions this week.