Is anyone tracking below two companies?
- Jai Balaji Industries: It makes iron and steel products. Its profit has jumped from 22cr to 170cr. YoY.
- Ashapura Minechem: It is involved in mining and makes derivative products. Their profit has jumped to 102 cr. from 35 cr. YoY.
Just wanted to understand the root cause for such a big jump in profits. And if these profits are sustainable.
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