J. Kumar Infraprojects Limited has received a “Letter of Award” from NBCC (India) Limited, a Government of India enterprise, for the development of the Hari Nagar colony project of Delhi Transport Corporation (DTC). The total value of the contract is Rs. 632 crore (inclusive of taxes, duties, cess, and statutory levies).
Key Details:
- Project: Development of Hari Nagar colony, DTC, Delhi.
- Contract Value: Rs. 632,00,00,000 (Six Hundred Thirty-Two Crores).
- Duration: 27 months.
- GST Clause: The contract price will be adjusted for any changes in GST rates on works contracts as notified by the Government of India.
- Entity: The contract was awarded by NBCC, a domestic entity.
In the meantime, J. Kumar Infraprojects shares opened today at ₹781.00, with a daily high of ₹794.70 and a low of ₹769.00 as of 12:08 PM. The stock has reached a 52-week high of ₹936.80 and a low of ₹460.50.