India's Jindal SAW hits record high after quarterly profit jump

Jindal Saw

30/07/2024 05:23

** Shares of Jindal SAW  JIND.NS  rise 5% to record high of
634 rupees
    ** Pipe supplier's Q1 profit jumped 67%, while rev rose 12%
    ** JIND on track to sixth straight day of gains, if trend
holds
    ** Shares see second-busiest day in over a week, with more
than 1.9 mln shares traded
    ** Stock up 53% YTD, after climbing ~297% in 2023

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))