JNK India surges on getting order from JNK Global
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JNK India is currently trading at Rs. 795.00, up by 14.65 points or 1.88% from its previous closing of Rs. 780.35 on the BSE.
The scrip opened at Rs. 819.35 and has touched a high and low of Rs. 819.35 and Rs. 795.00 respectively. So far 3783 shares were traded on the counter.
The BSE group 'B' 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. 832.95 and Rs. 760.80 respectively. The current market cap of the company is Rs. 4432.99 crore.
The promoters holding in the company stood at 67.97%, while Institutions and Non-Institutions held 13.24% and 18.79% respectively.
JNK India has received an order from JNK Global, Korea on July 15, 2024 for Regeneration Furnace for a refinery project in Oklahoma, USA. The order is to be executed within June 18, 2025. With this order the Company creates a footprint in USA.
Earlier, the company had received order from Reliance Industries (RIL) on June 14, 2024 for Gas Cracker Unit (GCU) De-Bottlenecking (DBN) Project at RIL’s Nagothane Manufacturing Division (NMD), Maharashtra in India
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.
