J Kumar Infraprojects Limited (J Kumar Infraprojects Limited) .. is engaged in the business of civil engineering construction in infrastructure project. It mainly undertakes the construction of roads, flyovers, bridges, commercial and residential buildings, sports grounds, irrigation projects and airport contracts. The foundation is also taking contracts for work pilling for big projects. It is active in Mumbai, Pune, Aurangabad and Vidarbha in Maharashtra.
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And in the background of such a good demand, J Kumar’s stock soared unhindered. It is in this sequence that Multibagger has provided returns to the investors. On January 4, 2021, the share price of this stock was Rs.133.4. On January 3, 2023, it reached Rs.286.40. This gave a 103 percent profit in a two-year holding period. It is noteworthy that the S&P BSE Small Cap Index rose only 55 percent during the same period.
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The company’s revenue also increased significantly in the recently ended quarter of FY 2022-23. Revenue increased by 31.19 percent on a consolidated basis to Rs. 1012 crores. The bottom line also increased by 64.49 percent. And J Kumar Infraprojects market capitalization is Rs. 2161.01 crores. The stock hit a 52-week high of Rs. 351.95, while the 52-week low was recorded at Rs.152.30.
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Domestic stock market indices are trading flat today. At first it was in small profits but after a while it slipped into losses. Sensex has lost 100 points and is at 61 thousand 70 mark. Nifty is trading at 18,170 with a loss of 30 points. While IT, banking and realty stocks are doing well, auto and metal stocks are losing.
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