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In past three months, the stock price of the company has more-than-doubled or zoomed 123 per cent, as compared to 11 per cent rise in the S&P BSE Sensex.
Shares of Jay Bharat Maruti hit a fresh 52-week high of Rs 269.25, as they rallied 4% on the BSE in Tuesday's intra-day trade in an otherwise a weak market.
The company will invest nearly Rs 300-350 crore in a phased manner in line with its customer's growth strategy
The company reported 72% YoY jump in net profit at Rs 20.75 crore in Q4FY17.