Jyoti Structures in the limelight
By
Research Desk
about 8 years ago
Jyoti Structures rose over 6% today to Rs.12.90 and this was on the back of a report in Economic Times, which said, “With Amin Deal on Slow Track, Jyoti Structures may be Bought by KEC."
The company has been negotiating with the Amin for over six months now but nothing seems to have come off it. KEC International has said that it was open to evaluating merger.
The stock exchange has asked for a clarification on the news from Jyoti, which is yet to respond.