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J Kumar Infra zooms 30% in two days on receiving Rs 13 bn order from NHAI

The stock surged 10% to Rs 152 on Wednesday, extending its previous day's 20% rally on BSE.

NHAI borrowings jump a little over 18 times to Rs 620 billion since 2014
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SI Reporter Mumbai
Shares of J Kumar Infraprojects surged 10% to Rs 152 on Wednesday, extending its previous day's 20% rally on BSE, after the company said it has received an order worth Rs 13.49 billion from the National Highways Authority of India (NHAI).

“We are in receipt of Letter of Acceptance from NHAI in the name of J Kumar-J M Mhatre (JV), in which J Kumar is the leading partner for the construction of Dwarka Expressway from Shiv Murti Intersection at 20km of NH-8 till Rail Under Bridge (RUB) near Dwarka Sector-21 from 0.800km to 5.300km Package-1 in Delhi via the

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