May 11, 2018 01:37 PM IST | Source: Moneycontrol.com

J Kumar Infraprojects gains 3% on order win worth Rs 559 crore

The company received a letter of acceptance (LoA) from NBCC India for worth of Rs 559,78,41,599.

Moneycontrol News
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

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.

At 13:28 hrs J Kumar Infraprojects was quoting at Rs 284, up Rs 4, or 1.43 percent on the BSE.

Posted by Rakesh Patil