JNK India: UAE Incinerator Order Cancelled, No Revenue Impact

Major Contract CancelledExport Order Hard CurrencyBusiness Updates View source PDF

JNKINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-12.6%1-day move

₹545.45

prior close

₹511.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.9-3.7——-12.6-13.9-11.7-13.2-15.4-13.7————

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AI summary

JNK India received an Incinerator Package order from CC7 Emirates Engineering Solutions L.L.C., UAE for the TA'AZIZ Salt Project of ADNOC Abu Dhabi on June 8, 2026. On July 16, 2026, the client informed the company that the order is cancelled because mandatory project licensor approval was not received. The company clarifies this cancellation has no impact on declared revenue and associated profit.

Likely market impact

Negative optics on lost export order, but management confirms no hit to declared revenue or profit. Short-term sentiment may stay weak.