J Kumar Infraprojects bags multiple orders valuing Rs2,031.77 crore; stock zooms ~1.5%

10 Mar 2022 , 01:32 PM

J Kumar Infraprojects Limited received a work order from M/s. Pune Municipal Corporation worth Rs604.76 crore for development of Mula Mutha River from Bund Garden Bridge to Mundhwa (Stretch 10 and 11) under Pune River Rejuvenation Project, and constructing & developing Riverside Road from Bund Garden Bridge to Mundhwa (Right Hand Side) on Public-Private Partnership Module.

It further informed the exchanges of another order worth Rs1,427 crore and USD 2.45 crore from Delhi Metro Rail Corporation Limited (DMRC) for Designing and Constructing Twin Tunnel (Up & Down Line) by Shield TBM, Cut and Cover Tunnel box, and four Underground stations namely Aerocity, Vasant Kunj, Mahipalpur, and Kishangarh with Entry/Exits & Connecting subways from chainage (-) 760 mt. to 5356.285 mt. of Aerocity to Tughlakabad Corridor of Phase-IV of Delhi MRTS.

J Kumar Infraprojects gained 1.14% at Rs169.20, against its previous closing price of Rs167.30. So far in the day, it touched an intraday high and low of Rs173.40 and Rs168.50 respectively.