Major Industry Shake-Up! A Leading Player Expands Its Footprint with Two New Acquisitions – What’s the Big Plan?

The company’s stocks have delivered impressive multibagger returns of over 4000 per cent to its shareholders.

The stock has exhibited remarkable growth, surging by 145.34 per cent in the past year and an astounding 781.02 per cent over the last three years, cementing its status as a significant wealth creator for investors.

Earlier, Jindal Stainless Ltd, India's largest stainless-steel manufacturer, created a high-strength alloy steel for Chandrayaan-3's motor casing. Developed over 3 years, this heat-resistant grade aids ISRO by meeting quality standards, enhancing India's space endeavours.

At 11.30 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues. The Asia Pacific markets showed mixed signs on Monday as global uncertainties continue to worry the investors. 

On Tuesday, equity benchmark indices broke the three-day losing streak and ended in green in the highly volatile session before the RBI policy outcome scheduled later in the current week.