India's J. Kumar Infraprojects rises on $220.2 mln order win

J Kumar Infraprojects

03/10/2024 07:54

** Shares of J. Kumar Infraprojects  JKIP.NS  rise as much
as 3% to 803 rupees
    ** JKIP says it has got letter of acceptance for project
worth 18.48 bln rupees ($220.2 mln)
    ** More than 464,000 shares change hands, 2.4x of 30-day avg
    ** Avg rating of four analysts equivalent of "buy", median
PT is 953.50 rupees - LSEG data
    ** Stock up 35.5% YTD



($1 = 83.9220 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))