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126880 — JNK Global News Story

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IndustrialsAdventurousMicro CapValue Trap

JNK India rises after $6 mln furnace order

** Shares of JNK India  JNKI.NS  rise as much as ~4%, last
up 2.3% at 798 rupees 
    ** Co set to extend gains for a second session, if trend
holds 
    ** The heating equipment maker said it got an order worth up
to 500 mln rupees (~$6 mln) from JNK Global Co  126880.KQ  for a
furnace in a refinery project in Oklahoma
    ** JNKI stock has gained ~15% since listing in late April 

    ($1 = 83.5750 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))

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