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KSSF acquires around 5% stake in Jindal Stainless

05 Mar 2020 Evaluate

Kotak Special Situations Fund (KSSF) has acquired approximately 5% equity stake in Jindal Stainless (JSL) through the secondary market.

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Peers
Company Name CMP
JSW Steel 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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