Deal▲ Bullish for Jindal Stainless
Jindal Stainless, Indian Oil renew lubricants partnership for five years, eye deeper technical cooperation
The brief
- Jindal Stainless and Indian Oil renewed their lubricant supply partnership for five years
- They are eyeing deeper technical cooperation
- The renewed supply arrangement supports Indian Oil's lubricant business and Jindal Stainless's operating needs
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| IOC | Mon, 5 Oct | −0.6% | −1.2% | 1.2× | −0.6% · Nifty +0.6% |
✗ Classifier read this as positive; IOC fell 1.2% against the Nifty on the day it traded.
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