J Kumar Infraprojects Ltd JV receives LOA for order worth Rs. 139.72 crore

J. Kumar Infraprojects Limited is in receipt of Letter of Acceptance for the project: Appointment of Contractor for Implementation of Multi‐Modal Integration Facilities at 8 Metro Stations of Mumbai Metro Line 4&4A (PKG 1) from M/s. Mumbai Metropolitan Region Development Authority (MMRDA) for the total contract cost amounting to Rs. 139.72 Crore (Excluding GST) (Rupees One Hundred and Thirty-Nine Crores and Seventy-Two Lacs only (Excluding GST) for which J. Kumar Infraprojects Limited share is 49% i.e. Rs. 68.46 Crore.

Shares of J.Kumar Infraprojects Limited was last trading in BSE at Rs. 709.35 as compared to the previous close of Rs. 722.30. The total number of shares traded during the day was 6113 in over 524 trades.

The stock hit an intraday high of Rs. 726.55 and intraday low of 706.00. The net turnover during the day was Rs. 4379140.00.

Source : Equity Bulls

Keywords

JKumarInfraprojects INE576I01022 JKIL LOA OrderWin