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J Kumar Infraprojects soars on getting RBI’s approval to increase FII limit to 40%

02 Aug 2016 Evaluate

J Kumar Infraproject is currently trading at Rs 218.75, up by 4.85 points or 2.27% from its previous closing of Rs 213.90 on the BSE.

The scrip opened at Rs. 219.00 and has touched a high and low of Rs 224.90 and Rs 217.70 respectively. So far 8724 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 449.75 on 06-Oct-2015 and a 52 week low of Rs 202.50 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs 230.00 and Rs 213.30 respectively. The current market cap of the company is Rs 1660.86 crore.

The promoters holding in the company stood at 43.47%, while Institutions and Non-Institutions held 43.99% and 12.54% respectively.

J Kumar Infraprojects has received approval from the Reserve Bank of India to increase its foreign institutional investors’ (FIIs) /registered foreign portfolio investors’ (FPIs) limits to 40%, up from the existing 24 per cent. These investors can invest under the portfolio investment scheme.

Earlier, the board and shareholders of J Kumar Infraprojects had approved the proposal to increase FII limit in the company.

J. Kumar Infraprojects is engaged in the business of civil engineering construction contractors in Infrastructural projects mainly in roads, flyovers, bridges, commercial and residential buildings, sports complexes, irrigation projects, airport contracts.

J Kumar Infraproject Share Price

488.10 18.20 (3.87%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.85
Rail Vikas Nigam 287.15
NCC 155.45
KEC International 565.60
Kalpataru Projects 1211.70
View more..

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