J Kumar Infraprojects inches up on getting LoA worth Rs 632 crore
J Kumar Infraprojects is currently trading at Rs. 774.15, up by 0.85 points or 0.11% from its previous closing of Rs. 773.30 on the BSE.
The scrip opened at Rs. 778.15 and has touched a high and low of Rs. 778.15 and Rs. 752.65 respectively. So far 9251 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 935.50 on 03-Jul-2024 and a 52 week low of Rs. 455.55 on 20-Dec-2023.
Last one week high and low of the scrip stood at Rs. 794.45 and Rs. 748.90 respectively. The current market cap of the company is Rs. 5846.67 crore.
The promoters holding in the company stood at 46.65%, while Institutions and Non-Institutions held 26.57% and 26.78% respectively.
J Kumar Infraprojects has received Letter of Award (LoA) from NBCC (India) for the project ‘Development of Hari Nagar colony of Delhi Transport Corporation (DTC) in Delhi’ for the total contract value amounting to Rs 632 crore 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. The order is to be executed within 27 months.
J Kumar Infraprojects is engaged in construction activities. The company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others.
