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J Kumar Infraproject soars on receiving LoA from National Highway Authority

08 Aug 2019

J Kumar Infraproject is currently trading at Rs. 125.00, up by 1.05 points or 0.85% from its previous closing of Rs. 123.95 on the BSE.

The scrip opened at Rs. 125.15 and has touched a high and low of Rs. 126.80 and Rs. 121.35 respectively. So far 377377 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 274.70 on 30-Aug-2018 and a 52 week low of Rs. 104.00 on 01-Feb-2019.

Last one week high and low of the scrip stood at Rs. 136.85 and Rs. 114.40 respectively. The current market cap of the company is Rs. 945.82 crore.

The promoters holding in the company stood at 44.13%, while Institutions and Non-Institutions held 23.03% and 32.85% respectively.

J Kumar Infraprojects has received Letter of Acceptance (LoA) from National Highways Authority for construction of Dwarka Expressway from Road Under Bridge (RUB) near Sector 21, Dwarka to Delhi Haryana border(Km 5.300 to Km 9.500)- Package 2 in Delhi on EPC Mode amounting to Rs 1540 crore.

J Kumar Infraprojects is engaged in construction activities. The company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323