India's Jindal Stainless to invest $647 mln for expansion, acquisition plans
May 1 (Reuters) - India's Jindal Stainless JIST.NS on Wednesday said it will invest up to 54 billion rupees ($646.6 million) for expansion and acquisition plans to improve its melting and downstream capacities. ($1 = 83.4684 Indian rupees) (Reporting by Dimpal Gulwani) ((Dimpal.Gulwani@thomsonreuters.com;))
Recent news on Jindal Stainless
See all newsIndia's Jindal Stainless slips; analysts flag flat quarterly volumes
Brief: Jindal Stainless Exec Says Co Targeting 8% To 9% Volume Growth In FY27
India's Jindal Stainless posts quarterly profit jump on strong domestic demand
Brief: Jindal Stainless Q4 Consol Net Profit 8.44 Billion Rupees
HSBC initiates coverage of leading Indian steel cos, says sector "in a sweet spot"