Mukul Agrawal Portfolio Company Bags Work Order Worth Rs 632 Crore from NBCC India – Complete Details Inside!
The company’s shares have delivered an impressive return of over 55 per cent in the past 1 Year.
J Kumar Infraprojects, engaged in executing infrastructure projects such as transportation engineering, irrigation projects, civil construction, and piling works, has received a Letter of Award from NBCC (India) Ltd, a Government of India enterprise. The award pertains to the "Development of Hari Nagar Colony of Delhi Transport Corporation (DTC) in Delhi," with a total contract value of Rs 632 crore (inclusive of all taxes, duties, cess, and statutory levies). The contract price is subject to prospective adjustment for any changes in the GST rate on works contracts as notified by the Government of India. The project is to be completed within 27 months.
Share Performance
Today, the shares of J Kumar Infraprojects Ltd closed at around Rs 773.30 per share on the BSE. The current market capitalization stands at Rs 5,850 crore. The company’s shares have delivered a multibagger return of over 170 per cent in the past 2 years.
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Financial Performance
As per the Quarterly Results in September 2024, J Kumar Infraprojects Ltd reported revenue of Rs 1292 crore compared to Rs 1104 crore. The company posted an operating profit of Rs 188 crore with a margin of around 15 per cent compared to Rs 160 crore with a margin of around 14 per cent. The company reported a net profit of around Rs 90 crore compared to Rs 73 crore.
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Disclaimer: The article is for informational purposes only and not investment advice.