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Stock jumps 3% after receiving a project worth ₹ 378 Cr for design and construction of flyover

Stock jumps 3% after receiving a project worth ₹ 378 Cr for design and construction of flyover

The shares of the construction company jumped around 3 percent after receiving an order worth Rs. 378 crores from Mumbai Metropolitan Region Development Authority. In six months, the shares have delivered more than 50 percent returns to its shareholders.  With a market capitalization of Rs. 3,233 crores, the shares of J Kumar Infraprojects Ltd started [...]
Small cap stock jumps 3% after bagging a contract worth ₹ 364 Cr from TN Generation and Distribution

Small cap stock jumps 3% after bagging a contract worth ₹ 364 Cr from TN Generation and Distribution

Shares of this small-cap stock associated with industrial equipment jumped approximately 3 percent in Monday’s trading session after the company bagged an order worth Rs 364 crores from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).  With a market capitalization of Rs 1,664.40 crores, the stocks of Salasar Techno Engineering Limited (STEL) opened their trading [...]