India's J Kumar Infa gains on 11.8-bln-rupee order win

J Kumar Infraprojects

06/04/2026 06:57

** Shares of J Kumar Infraprojects JKIP.NS rise as much as 6.7% to 485 rupees, last up 1.8%

** Infrastructure contractor secures a 11.84 billion rupees ($127.5 million) EPC (Engineering, Procurement, and Construction) contract from the Utter Pradesh government

** The deal is expected to be carried out within 24 months - co

** JKIP trades at a forward 12-month price-to-earnings ration of 6.8, compared with the industry median of 13.94 - LSEG

** All four analysts tracking stock rate it "buy" or higher - LSEG

** JKIP down over 20% YTD

($1 = 92.8300 Indian rupees)

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com; +919886482111;))