JNK India shines on bagging large order from HPCL
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
JNK India is currently trading at Rs. 730.00, up by 25.00 points or 3.55% from its previous closing of Rs. 705.00 on the BSE.
The scrip opened at Rs. 722.95 and has touched a high and low of Rs. 735.00 and Rs. 706.15 respectively. So far 3323 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 895.40 on 24-Jun-2024 and a 52 week low of Rs. 550.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 754.95 and Rs. 695.00 respectively. The current market cap of the company is Rs. 4088.14 crore.
The promoters holding in the company stood at 67.97%, while Institutions and Non-Institutions held 22.04% and 9.99% respectively.
JNK India has received large order from Hindustan Petroleum Corporation (HPCL) on August 14, 2024 for setting up a new Process Plant - HP TDAE (Treated Distillate Aromatic Extracts) unit on LSTK (Lump sum Turnkey) contract basis at HPCL Mumbai Refinery.
Earlier, the company had received an order from JNK Global, Korea on July 15, 2024 for Regeneration Furnace for a refinery project in Oklahoma, USA.
JNK India is in the business of manufacturing the process fired heaters, reformers and cracking furnaces (together, the ‘Heating Equipment’) that are required in process industries such as for oil and gas refineries, petrochemical and fertilizer industries.
