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J. Kumar Infraprojects Stock Rises 10% After JV Secures ₹2,360 Crore NHAI Expressway Project
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J. Kumar Infraprojects Shares Soar 10% on ₹2,360 Crore NHAI Expressway Project Win
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CNBC TV18
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01-04-2026, 13:02
J. Kumar Infraprojects Shares Soar 10% on ₹2,360 Crore NHAI Expressway Project Win
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J. Kumar Infraprojects' JV secured a ₹2,360 crore Letter of Acceptance from NHAI for an expressway project.
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The project involves constructing a four-lane (expandable to eight) expressway connecting Vadhavan Port to Tawa Village on NH-48.
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The 32.18 km project aims to enhance connectivity to the proposed Vadhavan Port in Maharashtra.
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It will be executed on an Engineering, Procurement, and Construction (EPC) basis, with a 30-month completion timeline.
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Following the announcement, J. Kumar Infraprojects shares jumped nearly 10%.
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