Vraj iron and steel manufacture sponge iron, MS billets, and TMT bars under the Vraj brand
The stock has gained a total of 23% in the last one year, and 20% since the beginning of the year.
Market breadth was mixed with more advancing shares (1,929) than declining ones (1,449).
Market activity showed 1786 advancing shares, 1536 declining shares, and 76 shares remaining unchanged.
"The project is anticipated to cost ₹846.66 crore. The project is planned to be completed in 15 months from the date of PPA execution," it stated.
These changes aim to strengthen the link between cash and F&O markets and enhance investor protection.
In addition, the company received orders for 80 Vande Bharat trains and 20 super fast gun mounts for military ships, with contractual deliveries beginning in June 2025.
Lupin has already accounted for the fine in previous financial reports, ensuring no impact on the current year’s profit and loss statement.
According to JSW Infra, the proposed acquisition is the first step towards the company's long-term goal of developing a pan-India logistics network.
The company's EBITDA margin increased from 15.2% in FY21 to 19.7% in FY23, while ROCE increased from 5.5% to 16.6% and ROE increased from 1.0% to 16.3% over the same time.

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