J Kumar Infraprojects gains on higher quarterly profit

J Kumar Infraprojects

21/05/2025 07:35

**Shares of J Kumar Infraprojects JKIP.NS rise 2% to 713.5 rupees

**Infrastructure projects contractor posts 14.5% Y/Y rise in Q4 profit to 1.14 bln rupees ($13.3 mln); rev grows 14.5%

** Over 224,500 shares traded, ~1.4x the 30-day moving avg

** Stock rated "buy" on avg; median PT is 982.5 rupees, per data compiled by LSEG

** Stock down about 7% YTD

 ($1 = 85.5825 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))