J Kumar Infraprojects secures Rs1,307.88cr contract for Mumbai metro rail project

The order is for part design and construction of balance works of Mumbai Metro Rail project.

Jun 01, 2021 11:06 IST India Infoline News Service

J Kumar Infraprojects has informed the exchange that the Company has received a "Letter of Acceptance" from Mumbai Metropolitan Region Development Authority.

"The LOA received for Part Design and Construction of Balance Works of  Mumbai Metro Rail Project of MMRDA," the company said in a regulatory filing.

The project is amounting to Rs1,307.88cr.
At around 11:30 AM, J Kumar Infraprojects was trading at Rs182.45 per piece down by Rs0.55 or 0.30% on the NSE.

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