J Kumar Infra win order worth Rs 297.8 crore

In the year 1980, Jagdishkumar M. Gupta established J. Kumar Infrastructure Projects Ltd. We are now regarded as one of India’s top infrastructure firms after all these years. Our proficiency in diverse construction methods has increased, and we have successfully completed difficult projects. Our extensive portfolio of completed projects demonstrates our proficiency in constructing intricate infrastructure projects, including elevated and subterranean metro, irrigation systems, diaphragm walls, tunneling, and creek, and river structures. Our reputation for providing top-notch infrastructure solutions has been built through our involvement in several prestigious projects throughout India. A selection of the government funding organizations we have worked with includes the National Highways Authority of India (NHAI), the Mumbai Metropolitan Region Development Authority (MMRDA), the Delhi Metro Rail Corporation (DMRC), the Maharashtra State Road Development Corporation (MSRDC), Ahmedabad Metro, Surat Metro, Maha Metro, Cidco Metro, Pune Corporation, Mumbai Corporation, Thane Corporation, Pimpri Chinchwad Corporation, Maharashtra State PWD, ESIC Corporation, Uttar Pradesh Rajkiya Nigam Limited (UPRNL), Central and Western Railways, and Rail Vikas Nigam Limited (RVNL).

Project J Kumar Infraprojects Ltd. was awarded a 298 crore rupee project.

On Monday, October 14, J Kumar Infraprojects Ltd. notified the exchanges that it had received an order from the Pune Municipal Corporation. The work’s scope includes developing the Mula River (stretches 1, 2, and 3) from the Wakad Bypass to the Sangvi Bridge.

The order, which is valued at a total of Rs. 298 crore and is expected to be completed in 36 months, was received from the Pune Municipal Corporation.

J Kumar Infraprojects Ltd.’s order book value is Rs. 19,820 crore.

Managing Director Kamal Gupta stated, “We are looking at around Rs. 6,000-8,000 crore of project inflow in the coming year.”Gupta believes that he can achieve the conservative order inflow figure of Rs. 6,000–8,000 crore and anticipates exceeding the guidance. As of June 30, 2024, the company’s total order book was valued at Rs. 19,820 crore.

During the day, the stock of J Kumar Infraprojects Ltd. rose 3%.

The stock of J Kumar Infraprojects Ltd. is up 3% today following the company’s acquisition of a project valued at Rs. 298 crore from Pune Municipal Corporation. The stock is currently trading at Rs. 744.40, or 1%, above its high traded price of Rs. 759.00 per share.

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