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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.

In a nutshell: The biggest stock winners and losers of 2023

Jai Balaji Industries makes a smart turnaround, plans ₹1,000 cr capex

Jai Balaji Industries makes a smart turnaround, plans ₹1,000 cr capex
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Stock Market Live Updates: Sensex, Nifty trade weaker in 2023 s final session

Stock Market Live Updates: Sensex, Nifty trade weaker in 2023 s final session
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Biggest wealth creators of 2023: These 12 firms rallied over 1,000%; do you own any?

Data further showed that SG Mart, Remedium Lifecare, Taylormade Renewables, Pulsar International, Tine Agro, Jai Balaji Industries, Sheetal Diamonds and K&R Rail Engineering also climbed somewhere between 1,000 per cent and 2,000 per cent during the same period.

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