Order Win: Company Worth ₹3000 Crore Secures ₹2360 Crore Order, Shares Soar
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J Kumar Infraprojects Shares Surge on ₹2360 Crore NHAI Order for Wadhawan Port
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CNBC Awaaz•01-04-2026, 12:19
J Kumar Infraprojects Shares Surge on ₹2360 Crore NHAI Order for Wadhawan Port
•J Kumar Infraprojects shares rallied significantly on April 1, 2026, after securing a major ₹2360 crore order.
•The order from NHAI is for constructing a 4-lane (expandable to 8-lane) connectivity expressway, 32.18 km long, for the proposed Wadhawan Port in Maharashtra.
•The project will be executed on an EPC basis with a completion timeline of approximately 30 months.
•This large government order is expected to boost the company's order book and future earnings, despite mixed past stock performance.
•FIIs and retail investors increased their stake, indicating growing confidence, though promoter pledged shares remain a risk.