JD Cables Ltd awarded order worth Rs. 243.99 crores

JD Cables Ltd has been awarded with a work order from Kaushal Engineering Limited, for the construction of balance works of Chauparan Flyover, Barkatha Flyover, ROB and Electrical Works for the six laning of the Bihar-Jharkhand Border (Chordaha to Gorhar Section) of NH-2 covering from Km 249.525 to Km 320.810 in the State of Jharkhand on EPC Mode under NHDP Phase V.

The Total Revenue shall be generated from this Work Order is ₹2,43,99,19,353/- (Rupees Two Hundred Forty-Three Crore Ninety-Nine Lakh Nineteen Thousand Three Hundred and Fifty-Three Only) inclusive of applicable GST.

We view this as a testament to the dedication and expertise of our team, and we are excited about the prospect of collaborating with the Kaushal Engineering Limited on this objective. As a valued stakeholder, your support and engagement will play a pivotal role in ensuring the success of these endeavors.

Shares of JD Cables Limited was last trading in BSE at Rs. 199.50 as compared to the previous close of Rs. 167.20. The total number of shares traded during the day was 1032000 in over 718 trades.

The stock hit an intraday high of Rs. 200.60 and intraday low of 170.80. The net turnover during the day was Rs. 196597160.00.

Source : Equity Bulls

Keywords

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