JNK India rises on $6 mln order from Mundra Petrochem
21/08/2024 10:13
** Shares of electrical components and equipment maker JNK
India JNKI.NS rise 2.7% to 763 rupees
** Co gets order worth up to 500 million rupees (nearly $6
mln) from Mundra Petrochem, an Adani Group co
** Order pertains to a green PVC project in Gujarat's Mundra
** JNKI up 2.5% so far in Aug after falling ~9% in July
** Stock up ~10% since listing in late April
($1 = 83.8920 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))