"J Kumar Infraprojects Wins MMRDA Contract, Sparks Share Price Surge"

J Kumar Infraprojects Ltd saw its shares rise by 2.14 percent following the company's successful bid for a Letter of Acceptance (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA). The contract in question has a substantial value of ₹99.29 crore and is slated for completion within 56 weeks.

Notably, J Kumar Infraprojects Ltd emerged as the sole bidder for this project, earning the coveted LOA. The project is entitled "Design, Supply, Fabrication, and Erection of pre-engineering building structural steel works and execution of internal and external architectural finishings, plumbing works, including interior fit-outs for five elevated stations viz. Diamond Garden, Shivaji Chowk, BSNL Metro, Mankhurd, and Mandale of Metro Line 2B Corridor [DN Nagar to Mandale] of Mumbai Metro Rail Project of MMRDA." This achievement underscores the company's continued commitment to infrastructure development and expansion.

HBL