J. Kumar Infraprojects and J.M. Mhatre Infra joint venture firm (JV) has bagged orders worth Rs 11.33 billion from JNPT port road company, a SPV of National Highways of Authority of India. J. Kumar Infraprojects share in order is 65% i.e. worth Rs 7.36 billion.
The order is for construction of Karalphata interchange from 3.600 Km to 6.073 Km Of NH-413 & from 5.300 Km to 7.422 Km of NH-348 and connectivity to proposed 4th terminal of JNPT (Package-I) worth Rs 5.39 billion out of which the company's share is Rs 3.86 billion.
Further, the JV firm has also bagged order for construction of Gavanphata interchange from 14.740 Km to 15.894 Km of NH-4B, 13.160 Km to 14.880 Km of NH-348 & from 5.360 Km to 6.785 Km of Amra mars and NH-4B from 6.073 Km to 14.740 Km and from 15.894 Km to 21.200 Km of JNPT Phase-II (Package -11) on EPC basis worth Rs 5.94 billion out of which the company's share is Rs 3.50 billion.
Shares of the company gained Rs 1.3, or 0.17%, to trade at Rs 755.00. The total volume of shares traded was 6,184 at the BSE (12.00 p.m., Friday).