Munters signs agreement to acquire ZECO to strengthen its market position in India financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
JFS shares: While the short-term outlook is uncertain due to a lack of clarity about business direction and profitability, the long-term outlook remains optimistic, supported by its robust pedigree and extensive network.
The shares which listed earlier than anticipated fell to ₹251.75 on the BSE, giving it a market value of ₹1.6 lakh crore, after opening trade at ₹265 apiece. The company, which has multiple lines of business in finance, was spun off from Reliance Industries.