J Kumar Infraprojects slips as quarterly profit, revenue decline
** Shares of J Kumar Infraprojects JKIP.NS fall 2.5% to 470.85 rupees, its lowest level in more than a month ** Stock down for fourth straight session ** Infrastructure projects contractor posts 4% y/y drop in Q4 profit; rev from ops slips 3% y/y ** Stock rated "buy" on avg by 4 analysts; median PT is 750 rupees, per data compiled by LSEG ** YTD, JKIP down 19% YTD ($1 = 96.8400 Indian rupees) (Reporting by Brijesh Patel in Bengaluru) ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
Recent news on J Kumar Infraprojects
See all newsJ Kumar Infraprojects slips as quarterly profit, revenue decline
Brief: J Kumar Infraprojects March-Quarter Consol Net Profit 1.1 Billion Rupees
Brief: J Kumar Infraprojects Gets Two Projects Worth 24.88 Billion Rupees
India's J Kumar Infa gains on 11.8-bln-rupee order win
Brief: J Kumar Infraprojects JV Receives 23.60 Billion Rupees Expressway Contract From NHAI