India's J Kumar Infraprojects gains on contract win

J Kumar Infraprojects

18/12/2024 07:22

** Shares of J Kumar Infraprojects  JKIP.NS  rise as much as
2.6% to 794.7 rupees, their biggest intraday again since Nov. 25
    ** Stock last up 1%
    ** Infrastructure projects contractor gets 6.32 billion
rupees ($74.4 million) contract from NBCC India  NBCC.NS  for
the development of a colony in Delhi
    ** JKIP sees busiest day in 2 weeks, with over 269,000
shares traded
    ** Stock up 36% YTD


($1 = 84.9300 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))