J Kumar Infraprojects has secured orders worth Rs 3.67 billion from MMRDA & MCGM. The company has bagged total work order from MCGM for Design & Construction of Flyovers at Savita Chemical Junction, Ghansoli Naka Junctions- Talavali Naka junction and Vehicular underpass at Mahape junction on Thane Belapur Road of worth Rs 1.55 billion.
The firm has also received letter of acceptance from MCGM for improvement of Side Strips of S.V. Road in Mastic Asphalt in 1-1/West & K/West Wards in Western Suburbs (W-276) of worth Rs 1252.3 million in Joint Venture & Company stake is 51% Rs 638.7 million.
Moreover, the company has received letter of acceptance from MCGM for improvement of Side Strips of Linking Road in Mastic Asphalt in H/W & K/West wards in Western Suburbs (W-277) of worth Rs 1510.9 million in Joint Venture & Company stake is 51% Rs 770.5 million.
Further, the company has received work order from MCGM for Improvement of Various Roads in Asphalt in P/South in Western Suburbs (AW-89) of worth Rs. 349.3 million, & in P/North in W. S. (AW-90) of worth Rs 364.6 million total worth Rs 713.9 million.
Shares of the company gained Rs 9.5, or 1.35%, to settle at Rs 713.75. The total volume of shares traded was 8,673 at the BSE (Monday).