J. Kumar Infraprojects Ltd receives LoA for order from NBCC India ltd

J. Kumar Infraprojects Limited is in receipt of "Letter of Award" from M/s. NBCC (India) Limited, (a Government of India Enterprise) for the project: "Development of Hari Nagar colony of Delhi Transport Corporation (DTC) in Delhi" for the total contract value amounting to Rs. 632,00,00,000/- (Rupees Six Hundred and Thirty Two Crores Only) 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.

Shares of J.Kumar Infraprojects Limited was last trading in BSE at Rs. 773.30 as compared to the previous close of Rs. 776.20. The total number of shares traded during the day was 24375 in over 1396 trades.

The stock hit an intraday high of Rs. 792.20 and intraday low of 768.85. The net turnover during the day was Rs. 19031610.00.

Source : Equity Bulls

Keywords

JKumarInfraprojects INE576I01022 JKIL OrderWin LoA NBCCIndia