India's J Kumar Infraprojects up after contract win

J Kumar Infraprojects

16/10/2023 08:40

** Shares of J Kumar Infraprojects  JKIP.NS  up as much as
3.4% to 443.40 rupees 
    ** JKIP says got contract worth ~993 mln rupees ($11.93 mln)
from Mumbai Metropolitan Regional Development Authority to work
on 5 elevated stations
    ** More than 334,000 shares traded by 1:05 p.m. IST, 1.2x
their 30-day avg
    ** Including day's gains, JKIP up 62.8% YTD 

($1 = 83.2650 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))