Shares of Jindal Stainless hit a new high of Rs 263, as they rallied 7 per cent on the BSE in Friday’s intra-day trade amid heavy volumes on strong business outlook. The stock of iron & steel company surpassed its previous high of Rs 255, touched on January 2, 2023. In comparison, the S&P BSE Sensex was up 0.04 per cent at 60,881 at 11:17 AM.

In past three months, the stock price of Jindal Stainless has doubled or zoomed 99 per cent, as compared to 2.9 per cent rise in the S&P BSE Sensex. In past one month, it rallied 23 per cent, as against 1.3 per cent decline in the benchma