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JTL Industries Expands Portfolio with Strategic Acquisition of RCI Industries Shares

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JTL Industries Expands Portfolio with Strategic Acquisition of RCI Industries Shares

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JTL Industries Limited ( (IN:JTLIND) ) just unveiled an update.

JTL Industries Limited has acquired 1,00,00,000 equity shares of RCI Industries & Technologies Limited as part of a resolution plan approved by the National Company Law Tribunal. This strategic acquisition allows JTL to diversify its offerings with non-ferrous metal products, strengthening its market position and broadening its appeal to meet a wider range of industrial needs.

More about JTL Industries Limited

JTL Industries Limited is involved in the manufacturing sector, focusing on non-ferrous metal products. The company aims to enhance its market position by expanding its product portfolio, particularly in copper and other non-ferrous metals, to meet diverse industrial demands.

Average Trading Volume: 73,382

Technical Sentiment Signal: Sell

Current Market Cap: 23.5B INR

Learn more about JTLIND stock on TipRanks’ Stock Analysis page.

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