J. Kumar Infraprojects Ltd receives LOA for EPC orders

J. Kumar Infraprojects Limited is in receipt of Letter of Acceptance dated December 14, 2023 for the project: Construction of 4 Lane Elevated Corridor in Grand Southern Trunk Road from Km 6/0 to 9/2 (Teynampet to Saidapet) on Engineering, Procurement & Construction (EPC) Mode from The Superintending Engineer, Highway Department, Construction and Maintenance, Chennai Circle, Chennai, for the total contract cost amounting to Rs. 582,68,40,000/- (Rupees Five Hundred and Eight Two Crore Sixty-Eight Lakhs and Forty Thousand Only) (including GST).

Shares of J.Kumar Infraprojects Limited was last trading in BSE at Rs. 484.45 as compared to the previous close of Rs. 440.55. The total number of shares traded during the day was 186235 in over 6703 trades.

The stock hit an intraday high of Rs. 489.80 and intraday low of 436.10. The net turnover during the day was Rs. 88041458.00.

Source : Equity Bulls

Keywords

JKumarInfraprojects INE576I01022 JKIL OrderWin Chennai ElevatedCorridor GSTRoad