J Kumar Infraprojects Secures BMC’s Go-Ahead: A Triumph in Mumbai’s Infrastructure Evolution!

J Kumar Infraprojects, through the joint venture J. Kumar-NCC (JV), has been awarded the Letter of Acceptance (LOA) by the Brihanmumbai Municipal Corporation (BMC) for the ‘Mumbai Coastal Road North Project- Package B.’ The assigned scope of work spans from Bangur Nagar to Mindspace Malad Interchange (Chainage 4+540 to Chainage 6+200), including the GMLR Connector (Elevated Road) from Chainage 0+000 to Chainage 4+460. The total contract cost, inclusive of GST, is Rs 4548.12 crore, with the company’s share standing at 50%, equivalent to Rs 2274.06 crore (including GST).

Today, the stock opened at Rs 667.85, with a high and low of Rs 676.00 and Rs 640.15. The stock has a 52-week high of Rs 698.95 and a 52-week low of Rs 229.00. The current market cap of J Kumar Infraprojects Ltd is Rs 4,888.75 crore. Presently, Promoters are holding 46.64% stake whereas the institutional and non-institutional holdings are 22.85% and 30.51%, respectively.

J Kumar Infraprojects Limited (JKIL) is engaged in the business of execution of contracts of various infrastructure projects including Transportation Engineering, Irrigation Projects, Civil Construction and Piling Work etc. JKIL is focused on EPC projects, having strong foothold in various sectors like Urban Infrastructure, Transportation, Infrastucture & Civil Construction etc. With a commitment to delivering high-quality projects and innovative solutions, JKIL has earned a strong reputation for its reliability, technical expertise, and timely execution. The company has a diverse portfolio of projects across different sectors, including roads, highways, bridges, metro railways, urban infrastructure, tunnelling water supply etc.

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