J Kumar Share Price Settled in Green Zone, despite weak Q2

J Kumar Infraprojects Ltd.’s standalone Q2FY17 results (on 9th Dec) did not live upto the expectation of the analyst. The company's revenue was 6.4 per cent lower than the estimate of Rs 359 crore. It registered a net profit for the period at 6.9 per cent lower than the estimated figure of Rs 25 crore. The revenue for the quarter declined 6.4 per cent Y-o-Y to Rs 309.71 crore.

The company's EBITDA for the quarter decreased 6.1 per cent Y-o-Y to Rs 56.31 crore, whereas EBITDA margins largely remained flattish at 18.18 per cent. Its net profit rose 5.4 per cent Y-o-Y to Rs 23 crore. This was primarily driven by 107 per cent rise in other income.

Few days back, Mumbai-based leading infrastructure company J. Kumar lnfraprojects Ltd on behalf of the "J. Kumar Infra - CRTG JV made an agreement with the Delhi Metro Rail Corporation Ltd (DMRC) worth of Rs. 1,344.93 crore for Phase-2 of the city metro and Others of Rs 449.2 crore.

Intraday on Friday, J Kumar Infraprojects Ltd settled at Rs 192.90, up by 6.20 points or 3.31 per cent from its previous close of Rs 187.50 on the NSE.

The scrip opened at Rs 189.90 and touched a high and low of Rs 194.55 and Rs 189, respectively. A total of 2,13,399 shares were traded on the counter. The stock traded above its 200 DMA.

The 52 week high of J Kumar share price is observed at Rs. 400.00 on 24^th Dec ‘15 while the 52 week low is seen at Rs. 105.40 on 17^th Aug ‘16. The Average Daily Movement of the stock is 13.49 and its average volume for last 20 days is 283227.

J Kumar is one among the Top 500 stocks as recommended by Dynamic Levels out of 1700 stocks listed on the NSE. J Kumar is fundamentally strong and is safe for investment, as per Dynamic analysts.

The company’s management includes Mrs.Poornima Reddy, Dr.R Srinivasan, Mr.A S Chatha, Mr.Arvind Gupta, Mr.Ashwani Kumar, Mr.Jagdishkumar M Gupta, Mr.Kamal J Gupta, Mr.Nalin J Gupta, Mr.P P Vora, Mrs.Kusum J Gupta, Mrs.Poornima Reddy.

Established in the year 1999, J Kumar Infraprojects Ltd is a Small Cap company which has a market cap of Rs 1459.97 Cr. and operates in the Construction sector.

J Kumar Infraprojects Ltd. key Products/Revenue Segments include Contract Revenue which contributed Rs 1327.67 Cr to Sales Value (94.20 per cent of Total Sales), Ready Mix Concrete which contributed Rs 43.19 Cr to Sales Value (3.06 per cent of Total Sales), Other Services which contributed Rs 38.54 Cr to Sales Value (2.73 per cent of Total Sales), for the year ending 31-Mar-2016.