J Kumar Infra bagged a project worth ₹912.3 crore to design and construct the coastal road at Ulwe in Navi Mumbai, the company informed the stock exchanges on Wednesday, March 6.
J Kumar Infra won the letter of award in the capacity of a sole bidder from CIDCO, the stock exchange filing said.
The coastal road will be constructed from CH 2,900 to CH 5,800 (MTHL Junction) at Ulwe, it added.
On Tuesday, March 5, the company had announced that it had received multiple projects in conjunction with its joint ventures, with the orders totaling to ₹1,822.7 crore.
The company also won another project worth ₹1,329.71 crore in a joint venture with RPS, named J Kumar-RPS (JV). The said contract has been awarded to the J Kumar Infra joint venture by Brihanmumbai Municipal Corporation (BMC) for the proposed construction of elevated road corridor from Eastern Freeway (Orange Gate) to Grant Road Area.
Shares of J Kumar Infra were trading 1.06% lower at ₹639.7 apiece at 11.15 am on Wednesday, March 6.
Also Read: LTIMindtree to invest $12.3 million in JV with Saudi Aramco's arm for IT services in MENA region
First Published: Mar 6, 2024 11:26 AM IST
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