India's Pennar Industries gains on joint venture plan
** Shares of Pennar Industries PENN.NS rise 2.7% to 224.50
rupees
** The engineering co says it will consider entering into
joint venture to expand business on Dec 12
** Stock on track to gain for fourth straight week, if
current trend holds
** PENN up ~80% YTD
(Reporting by Vijay Malkar)
((VijayDattaram.Malkar@thomsonreuters.com;))
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