Shares of metals and mining firm Jai Balaji Industries have given exceptional returns to their investors in the last 1 year. The stock has delivered phenomenal returns surging over 1812 percent to ₹1,046.90 from ₹53.8 in January 2023.
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.