J Kumar Infra spurts on bagging multiple orders worth Rs 467.51 crore

J Kumar Infraproject is currently trading at Rs. 256.00, up by 16.55 points or 6.91 % from its previous closing of Rs. 239.45 on the BSE. The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 263.15 and Rs. 250.00 respectively. So far 137637 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.00 on 20-May-2014 and a 52 week low of Rs. 130.05 on 21-Oct-2013. Last one week high and low of the scrip stood at Rs. 253.00 and Rs. 201.00 respectively. The current market cap of the company is Rs. 712.27 crore. The promoters holding in the company stood at 57.35 % while Institutions and Non-Institutions held 6.17 % and 36.48 % respectively. J Kumar Infraprojects has bagged various orders worth Rs 467.51 crore from various authorities. The company has bagged order for W266 concreting of various roads in Western Suburbs worth Rs 204.94 crore. The company has also bagged an order worth Rs 109.26 crore for design and construction Flyover Grade Separator with All Allied Work Including Shifting of Utilities at KSB Chowk. The company has bagged construction of Bridge Over Mulla River Near Balewadi Survey No.46/47 Pune worth Rs 31.45 crore. Besides, it has bagged order for construction of ROB at Jogeshwari (South) in lieu of L.C. No. 24 & 25 enhanced from Rs 198.24 crore to Rs. 298.10 crore i.e. Rs 99.86 crore of worth work increased. Finally, the company has bagged other work from various client worth Rs 22.00 crore. J Kumar Infraprojects is engaged in the business of civil engineering construction contractors in Infrastructural projects mainly in roads, flyovers, bridges, commercial and residential buildings, sports complexes, irrigation projects, airport contracts. The company also undertakes the piling of foundation work using hydraulic piling rigs for major projects which are awarded to other contractors.