Shares of J Kumar Infraprojects were trading 3% higher on 4 December after the company announced securing a construction order worth Rs 379 crore for the construction of a flyover.
In its regulatory filing, the company said, “The company is in receipt of Letter of Acceptance…for the project…design and construction of the flyover (Missing Links) from Link Road, Andheri (West) to Poonam Nagar (JVLR) adjacent to the alignment of Metro Line – 6 of Mumbai Metro Rail Project of MMRDA from Mumbai Metropolitan Region Development Authority.”
The flyover project has to be completed within a period of 30 months.
The company is into the construction of urban infrastructure projects, including metros, bridges, and flyovers. They are focused on engineering, procurement and construction (EPC) projects and have a strong foothold in various sectors, including transportation, urban infrastructure, and civil construction.
At 3:30 pm, the shares of J Kumar Infraprojects were trading 3.12% higher at Rs 439.95 on NSE.