J. Kumar Infraprojects Ltd receives LOA from NBCC India Ltd

J. Kumar Infraprojects Limited ("the Company") is in receipt of LOA in the capacity of sole bidder, from M/s. NBCC (India) Limited for the work of "Development of Hari Nagar Depot of Delhi Transport Corporation (DTC) in Delhi at Hari Nagar, New Delhi on EPC basis for the total contract value of Rs. 334,25,00,000/- (Rupees Three Hundred Thirty-Four Crore TwentyFive Lakh Only) which is inclusive of all taxes, duties, cess, statutory levies. The contract Price will be adjusted prospectively for any increase / decrease in GST rate on Works Contract as notified by Government of India.

Shares of J.Kumar Infraprojects Limited was last trading in BSE at Rs. 597.05 as compared to the previous close of Rs. 601.55. The total number of shares traded during the day was 24509 in over 1498 trades.

The stock hit an intraday high of Rs. 617.50 and intraday low of 578.00. The net turnover during the day was Rs. 14499761.00.

Source : Equity Bulls

Keywords

JKumarInfraprojects INE576I01022 JKIL OrderWin LOA