Hot Pursuit     25-Nov-16
J Kumar Infraprojects spurts after winning DMRC contract
J Kumar Infraprojects rose 10.46% to Rs 193.75 at 14:24 IST on BSE after the company said it bagged a contract from the Delhi Metro Rail Corporation.
The announcement was made during trading hours today, 25 November 2016.

Meanwhile, the BSE Sensex was up 377.65 points, or 1.46%, to 26,237.82.

On BSE, so far 1.95 lakh shares were traded in the counter, compared with average daily volume of 1.54 lakh shares in the past one quarter. The stock hit a high of Rs 208 and a low of Rs 176.50 so far during the day. The stock hit a 52-week high of Rs 399 on 6 January 2016. The stock hit a 52-week low of Rs 105.80 on 17 August 2016. The stock had underperformed the market over the past 30 days till 24 November 2016, falling 18.63% compared with the 7.10% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 8.17% as against Sensex's 6.92% decline.

The small-cap infrastructure company has equity capital of Rs 37.83 crore. Face value per share is Rs 5.

J Kumar Infraprojects, on behalf of the J. Kumar Infra - CRTG JV, signed an agreement with the Delhi Metro Rail Corporation (DMRC) worth of Rs 1344.93 crore on Thursday, 24 November 2016, for Phase-2 of the Mumbai metro project and other projects worth Rs 449.19 crore.

Net profit of J Kumar Infraprojects rose 15.63% to Rs 29.52 crore on 10.13% rise in net sales to Rs 390.54 crore in Q1 June 2016 over Q1 June 2015.

J Kumar Infraprojects is renowned for undertaking design and construction projects on a turnkey basis.

Previous News
  J Kumar Infraprojects standalone net profit rises 53.60% in the September 2018 quarter
 ( Results - Announcements 16-Nov-18   15:48 )
  J Kumar Infraprojects JV receives LoA under Mumbai Costal Road North Project
 ( Corporate News - 09-Feb-24   17:53 )
  J Kumar Infraprojects standalone net profit rises 24.04% in the December 2017 quarter
 ( Results - Announcements 13-Feb-18   09:26 )
  J Kumar Infraprojects standalone net profit rises 64.49% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   18:01 )
  J Kumar Infraprojects receives order worth Rs 1051.86 cr from MMRDA
 ( Corporate News - 02-Nov-20   18:23 )
  J Kumar Infraprojects secures order worth Rs 255.37 crore from Gujarat Metro Rail Corp.
 ( Corporate News - 23-Jan-19   15:02 )
  J Kumar Infraprojects to discuss results
 ( Corporate News - 22-Jul-22   16:10 )
  J Kumar Infraprojects standalone net profit rises 5.31% in the September 2016 quarter
 ( Results - Announcements 09-Dec-16   17:21 )
  J Kumar Infraprojects provides updates on Metro project
 ( Corporate News - 25-Aug-16   17:25 )
  J Kumar Infraprojects net profit rises 3.96% in the September 2013 quarter
 ( Results - Announcements 14-Nov-13   10:23 )
  J Kumar Infraprojects net profit rises 8.12% in the December 2010 quarter
 ( Results - Announcements 25-Jan-11   16:51 )
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