Looks like Navin Jindal wants to make a statement to jittery investors who have dumped shares of Jindal Steel & Power following the cancellation of coal blocks by the Supreme Court. The stock has crashed 30% to ₹166 since the SC ruling, way below the last buy-back price of ₹260 a share. Jindal recently bought 6 lakh shares at ₹178.25 a share, taking his total stake in the company to 0.53%.
Navin Jindal recently bought 6 lakh shares at ₹178 a share
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