Jayant Infratech Ltd receives LoA for order worth Rs. 12.01 crore

Jayant Infratech Limited has received Letter of Acceptance from Central Railway Bhusawal Division, for execution of Railway Overhead Electrification works.

The scope of work includes Design, Supply, Erection, Testing and Commissioning of 25 KV, Single Phase, AC OHE works in connection with the following works in Bhusawal Division of Central Railway:

1. Replacement of under rated/codal life completed isolator with 1600 ampere capacity isolators in Bhusawal Division of Central Railway.

2. Electrification of unelectrified sidings in Bhusawal Division.

3. Provision of electrification on pit line in coaching depots of Bhusawal Division.

The total value of the contract is ₹ 12,01,78,803.58 (Rupees Twelve Crore One Lakh Seventy-Eight Thousand Eight Hundred Three and Fifty-Eight Paise only) (inclusive of all duties and taxes). This contract is expected to contribute to the revenue and operational growth of the company.

Shares of Jayant Infratech Limited was last trading in BSE at Rs. 55.00 as compared to the previous close of Rs. 55.00. The total number of shares traded during the day was 2250 in over 3 trades.

The stock hit an intraday high of Rs. 55.00 and intraday low of 54.10. The net turnover during the day was Rs. 122475.00.

Source : Equity Bulls

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JayantInfratech INE0KR801019 CivilConstruction OrderWin