Auto components firm JTEKT India surges on $22 mln order win

Jtekt India

12/12/2023 05:14

** Shares of JTEKT India  JTEK.NS  rise as much as 7.92% 
    ** Automotive components maker receives 1.83 bln rupees
($21.95 mln) purchase order from JTEKT Brasil
    ** JTEKT Brasil is a group company of JTEKT Corporation,
Japan, which is the holding company of JTEKT India
    ** Stock most active since Sept. 8, with a trading volume of
11.26 mln shares as of 10:30 a.m. IST, 3.6x the 30-day avg -
LSEG data
    ** JTEKT down 7.32% so far in 2023 


($1 = 83.3690 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))