Shares of J Kumar Infraprojects rose 9 percent in early trade after its joint venture (JV) with JM Mhatre received an NHAI order for construction of a part of the Dwarka Expressway.
The order received from the National Highways Authority of India (NHAI) amounts to Rs 1,349 crore.
The stock gained as much as 10.5 percent, quoting at Rs 151.85.
The JV will be the lead partner for construction of Dwarka Expressway from Shiv Murti Intersection till Rail Under Bridge near Dwarka Sector 21.
At 09:20 hours, J Kumar Infraprojects was quoting at Rs 148.55, up 8.08 percent.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
