<ul data-eligibleForWebStory="false"><li>JTL Industries' shares surged to a four-month high after announcing plans for a new pipe manufacturing facility, focusing on high-strength steel pipe segments.</li><li>The new facility, to be completed in 12 months, will add an Electric Resistance Welded pipe manufacturing line with a capacity of 3 lakh million tons per annum.</li><li>The move aims to cater to the ASTM/API-grad pipe market, strengthening JTL Industries' position in value-added segments.</li><li>JTL Industries' share price rose 6.26% to Rs 85.96 apiece, marking the highest level since March 6, contributing to a positive streak for five consecutive days.</li></ul>

JTL Industries Shares Rally To Four-Month High As It Plans New Pipe Manufacturing Facility

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