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Why are Jindal Worldwide shares up over 9% today? Details here · Business Upturn

Why are Jindal Worldwide shares up over 9% today? Details here · Business Upturn

Jindal Worldwide Ltd. shares surged more than 9% on Monday after the textile manufacturer reported a strong rise in net profit for the first quarter of FY27. The stock touched a 52-week high of ₹42.40 during the session as investors reacted positively to the earnings announcement.

At around 12:30 PM, Jindal Worldwide shares were trading near their intraday highs after witnessing heavy buying interest. The stock traded in the range of ₹37.63 to ₹42.40, compared to the previous close of ₹38.34, while over 5.55 crore shares changed hands, indicating strong market participation.

On the financial front, the company reported a consolidated net profit of ₹32.4 crore for the June quarter, registering a sharp 85.7% year-on-year (YoY)

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