Shares of Jayaswal Neco Industries surged 9% to ₹53.99 on Wednesday after Mumbai-based PMS firm Negen Capital Services Pvt Ltd acquired 61.6 lakh equity shares via a bulk deal on the NSE. The transaction, valued at approximately ₹29.5 crore, was executed at an average price of ₹47.88 per share, boosting investor sentiment.