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J Kumar Infraprojects Ltd JV bags order worth Rs. 681.63 crore

Posted On: 2019-09-06 12:36:32

J Kumar Infraprojects Ltd has received Letter of Acceptance from City and Industrial Development Corporation of Maharashtra Limited (CIDCO) for Design & Construction of Coastal Road from Amra Marg to MTHL junction including Airport Link at Navi Mumbai for Rs. 681,63,43,398.25 (Rupees Six Hundred Eighty One Crore, Sixty Three Lakhs Forty Three Thousand, Three Hundred Ninety Eight & Twenty Five Paise Only) in the name of J Kumar - J.M. Mhatre (JV). J Kumar's shares in the JV is 60% hence Rs 408.98 crores (Rupees Four Hundred Eight Crores and Ninety Eight Lakhs Only).

Shares of J.KUMAR INFRAPROJECTS LTD. was last trading in BSE at Rs.116.2 as compared to the previous close of Rs. 114.5. The total number of shares traded during the day was 7163 in over 375 trades.

The stock hit an intraday high of Rs. 117.3 and intraday low of 115. The net turnover during the day was Rs. 830520.


Source: Equity Bulls

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