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JBF Ind hits 5% upper circuit for 2nd straight day on RIL takeover buzz

RIL, meanwhile, said that there are no negotiations which are taking place for Reliance to takeover JBF Industries or its assets

Topics
JBF Industries | Buzzing stocks | Reliance Industries

SI Reporter  |  Mumbai 

JBF Industries' manufacturing facility

Shares of were locked in the 5 per cent upper circuit for the second straight day at Rs 26.30 on the BSE in Thursday's session on reports that (RIL) looks set to take over the company with CFM Asset Reconstruction Company (ARC).

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First Published: Thu, September 23 2021. 14:38 IST
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