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538351 A F Enterprises News Story

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IndustrialsSpeculativeMicro CapValue Trap

India's A F Enterprises jumps most in nearly a month

** Shares of fabrics, plastic product manufacturer A F
Enterprises Ltd  AFET.BO  rise as much as 5% to 13.35 rupees,
their highest since Sept. 29
    ** Co on Wednesday said it has been qualified as L1 bidder
and has received work order from MP State Agro Industries
Corporation Ltd RCO  urn:newsml:reuters.com:*:nFWN31Q83J
    ** Order is for manufacturing and supply of plastic crates
and trays 
    ** Nearly 1.2 mln shares traded as of 0726 GMT, 7.6 times
their 30-day moving avg of 152,698 shares 
    ** Shares down 75% YTD as of last close
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))

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