J.Kumar Infraprojects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Order Above 5pct RevenueBusiness Updates View source PDF

JKIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.7%1-day move

₹457.90

prior close

₹484.25

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-3.2-2.9-3.7-3.7+0.7+3.7+2.2+2.9+2.6+8.8+12.7+12.6+2.2+7.0

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AI summary

J.Kumar Infraprojects has received a Letter of Acceptance from the Superintending Engineer, PMGSY Circle P.W.D. Lucknow for constructing an International Exhibition-cum-Convention Centre for 10,000 people at Vrindavan Yojna, Sector-15 in Lucknow, Uttar Pradesh. The contract is on EPC (Engineering, Procurement, Construction) mode with a total value of ₹1,184 crores, inclusive of all taxes and labour cess but excluding GST. The project has a duration of 24 months. This is a domestic government order from the Uttar Pradesh Public Works Department. No related party involvement has been reported.

Likely market impact

This is a substantial order worth ₹1,184 crores representing a significant boost to the company's order book. Given the size relative to typical infrastructure company revenues, this could positively impact the company's revenue visibility over the next 2 years and is likely to be viewed positively by shareholders.