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JTL Industries Completes Acquisition of RCI Industries

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JTL Industries Completes Acquisition of RCI Industries

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The latest announcement is out from JTL Industries Limited ( (IN:JTLIND) ).

JTL Industries Limited has successfully completed the acquisition of RCI Industries & Technologies Limited by making the full payment of INR 46.5 crores, as approved by the NCLT New Delhi. This acquisition marks JTL’s entry into the copper products segment, enhancing its product ecosystem and market position, while supporting its strategic diversification and growth vision.

More about JTL Industries Limited

JTL Industries Limited is a fast-growing dynamic steel tube manufacturing company specializing in producing ERW Black Pipes, Pre-Galvanized and Galvanized Steel Pipes, large diameter tubes and pipes, and hollow structures.

Average Trading Volume: 103,457

Technical Sentiment Signal: Sell

Current Market Cap: 26.13B INR

See more insights into JTLIND stock on TipRanks’ Stock Analysis page.

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