India's Jindal Saw rises on stock-split proposal

Jindal Saw

07/08/2024 10:07

** Shares of Jindal Saw  JIND.NS  rise as much as 8.2% to
651.35 rupees, best day in over 4 months; last up 5.6%
    ** Iron and steel pipe maker to consider sub-divison of
shares on Aug. 14
    ** JIND on track to snap two-losing streak; had gained 19%
in July for best month since April 2024
    ** Stock up ~55% YTD; had jumped nearly four times in 2023
for fourth straight year of gains

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))