J Kumar Infraprojects share price gained in the early trade on October 15 after the company bagged a work order worth Rs 297.8 crore from Pune Municipal Corporation.
At 09:23am, J Kumar Infraprojects was quoting at Rs 748.00, up Rs 9.50, or 1.29 percent, on the Bombay Stock Exchnage.
The project is for development of Mula river from Wakad bypass to Sangvi bridge (stretch 1,2,3) and to be completed in 36 months.
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Earlier in this month, company received a Letter of Acceptance for the project of design and construction of elevated road in Thane city from Anand Nagar to Saket on eastern express Highway from M/s. Mumbai Metropolitan Region Development Authority (MMRDA) for the total contract cost amounting to Rs 1,847.72 crore.
The share touched a 52-week high of Rs 935.50 and a 52-week low of Rs 394.05 on 03 July, 2024 and 26 October, 2023, respectively.
Currently, the stock is trading 20.04 percent below its 52-week high and 89.82 percent above its 52-week low.
The share price rose more than 60 percent in last one-year.
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