Jai Balaji Shares Surge 14% on Thursday Amid Upward Trend

Jai Balaji Industries, a company that makes steel products, saw its stock price go up by a lot again on Thursday.

Even though the company didn't do as well last year, they cut down on debt.

The company is expanding its capacity and plans to produce more in the coming year.

The stock is trading higher than some key averages, suggesting strong interest from buyers.

However, the stock is still down compared to the start of the year.

A large part of the company is still owned by its founders.