Rathi Steel and Power shares jumped more than 14% this week after the company announced plans to invest up to Rs. 50 crore in a forward integration project at its existing facility in Ghaziabad.
At the company’s current site in Ghaziabad, Uttar Pradesh, the project will be carried out in stages depending on market conditions, technical and commercial feasibility as well as market conditions.
Rathi Steel and Power stock opened at ₹71.00 on Friday, reaching a high of ₹71.45 and a low of ₹65.36, reflecting market volatility and investor sentiment.
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