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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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