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Jai Balaji posts 740 pc jump in net to Rs 234cr in Q3, plans Rs 1000cr capex in 18 months

Jai Balaji posts 740 pc jump in net to Rs 234cr in Q3, plans Rs 1000cr capex in 18 months
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Jai Balaji posts 740 pc jump in net to Rs 234cr in Q3 plans Rs 1000cr capex in 18 months

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Up 1,000% in 180 days, Jai Balaji shares hit 5% upper circuit limit for 2nd day; what management says

From a peak debt of Rs 3,400 crore and NPA tag in 2016, Jai Balaji Industries has brought debt down to Rs 559 crore today, said the company’s CMD Aditya Jajodia. The CMD said his company is on course to be a zero net debt company soon.

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