J Kumar Infra Pockets Deals Worth Rs 368.5 Million
Submitted by Gurpreet Singh on Wed, 12/22/2010 - 09:55
J Kumar Infraprojects Limited declared that it has pocketed work orders amounted Rs 368.5 million.
The initial order worth Rs 192.5 million is for recasting and extending of existing box cell drainpipe at Eastern Express Highway.
The other order valued at Rs 176 million is for pilling works orders from a range of parties comprising L&T, Era Infra etc.
For the three month period ended September 2010, J Kumar Infraprojects' net profit dropped 33.4% to Rs 13.20 crore.
The company's net sales grew by 33.6% to Rs 164.78 crore in Q2 September 2010 over Q2 September 2009.
Today, the stock of the company opened at Rs 174.10 on the BSE.
At 03:08 p. m., the stock of the company stood at Rs 182, up 4.8% on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 272.25 and a low of Rs 152 on BSE.
The total volume of the shares traded stood at 43,537.
