J Kumar Infraprojects Limited has received a Letter of Acceptance (LOA) from City and Industrial Development Corporation of Maharashtra (CIDCO) for a major infrastructure project in Navi Mumbai. The order, valued at ₹10.21 billion (₹1,021 crore), involves the design and construction of a coastal road from CH 2,900 to CH 5,800 (MTHL Junction) at Ulwe.
This latest contract adds to J Kumar Infraprojects' robust order book, which stood at ₹25,000 crore as of March 11, 2025. The company has been securing significant infrastructure projects, including a recent ₹492.99 crore contract for a creek bridge in Navi Mumbai.
J Kumar Infraprojects' shares closed at ₹654 on March 24, 2025, reflecting investor confidence in the company's growth prospects and project execution capabilities.
Source: NSE, BSE, J Kumar Infraprojects Limited website