Contracts and Awards
Order Bagged in Details
J Kumar Infraprojects gains 3% on order win worth Rs 559 crore
Date: May 12, 2018
Shares of J Kumar Infraprojects rose 3 percent intraday Friday as company won an order worth Rs 559 crore.
The company received a letter of acceptance (LoA) from NBCC India for worth of Rs 559,78,41,599.
The order is for construction of South Delhi Municipal Corporation Head Quarter near Pragati Maidan at I.P. estate Delhi on design, engineering, procurement and construction (EPC) basis.
The share touched its 52-week high Rs 375 and 52-week low Rs 181.60 on 14 February, 2018 and 14 August, 2017, respectively.
Currently, it is trading 24.27 percent below its 52-week high and 56.39 percent above its 52-week low.
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