Announced Thu, 6 Aug · 17:20 IST
J. Kumar wins 990 crore cricket stadium EPC contract from Karnataka Housing Board
JKIL · price
▲ 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
+4.8%1-day move
₹478.00
prior close
₹492.00
base price
After-mkt
timing
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-0.0-0.2+0.3+1.6+4.8+4.4+2.6+5.2+3.9+5.0————
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AI summary
J. Kumar Infraprojects received a Letter of Acceptance from Karnataka Housing Board for EPC of an International Cricket Stadium and allied works at Suryanagara 4th Phase, Bengaluru Urban District, Karnataka. Total contract value is Rs. 990.16 crores excluding GST. Execution timeline is 36 months. Order is domestic and not a related party transaction.
Likely market impact
Large order boosts revenue visibility over 3 years, strengthens order book; positive read for the stock given contract scale.