Jayant Infratech Ltd receives LOA for order

Jayant Infratech Limited has received Letter of Acceptance from Central Railway for a Railway overhead electrification Contract. The scope of the work includes the supply, erection, testing and commissioning of Conversion of existing Unregulated 25 KV AC OHE to regulated OHE in Kalyan- Karjat section (109 TKM) in Mumbai division of Central Railway. The total value of the contract is ₹ 40,54,83,347.87 (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. 85.00 as compared to the previous close of Rs. 84.50. The total number of shares traded during the day was 3000 in over 4 trades.

The stock hit an intraday high of Rs. 87.80 and intraday low of 85.00. The net turnover during the day was Rs. 259110.00.

Source : Equity Bulls

Keywords

JayantInfratech INE0KR801019 CivilConstruction LOA CentralRailway OrderWin