This Smallcap iron & steel maker has zoomed over 1700% in just 10 months

Shares of Jai Balaji Industries were locked in the 5 per cent upper circuit for the second straight session on Thursday at Rs 847.95 on the BSE (as of 11: 35 am). 

There were only buyers on the counter. A combined around 195,000 shares changed hands with pending buy orders for a combined 120,000 shares on the NSE and BSE.

In the past four weeks, the stock price of the iron & steel company has surged 44 per cent. In the past 10 months, the market price has catapulted