J. Kumar Infraprojects Ltd JV bags order worth Rs. 205.49 crore

J. Kumar Infraprojects Ltd has received Letter of Acceptance from M/s. City and Industrial Development Corporation of Maharashtra Limited for Design & Construction of connecting Road from Jalmarg, Sector-16, Kharghar to Sector-11 in CBD & balance link between Sector-15 CBD to Water Transport Terminal in Nerul, Navi Mumbai worth Rs. 2,05,49,47,000/- (Rupees Two Hundred and Five Crore, Forty Nine Lakhs Forty Seven Thousand only) in the name of M/s. J. Kumar - J.M. Mhatre (Joint Venture) where the share of M/s. J. Kumar lnfraprojects is 50% (Fifty) which comes to around Rs. 1,02,74,73,500/- (Rupees One Hundred and Two Crore Seventy Four Lakhs Seventy Three Thousand and Five Hundred).

Shares of J.Kumar Infraprojects Limited was last trading in BSE at Rs. 163.10 as compared to the previous close of Rs. 166.90. The total number of shares traded during the day was 39561 in over 1746 trades.

The stock hit an intraday high of Rs. 174.00 and intraday low of 161.30. The net turnover during the day was Rs. 6630211.00.

Source : Equity Bulls

Keywords

JKumarInfraprojects INE576I01022 JKIL Construction Engineering JV OrderWin