JD Cables wins ₹244 cr highway contract, boosting market presence
pre-market1 source ↓written by the desknot a recommendation
- EPC contract
- ₹243.99 cr
- of its market
- 54%
JD Cables Limited has secured a ₹243.99 cr EPC contract from Kaushal Engineering for highway construction in Jharkhand. This order, representing 54% of its market cap, includes key infrastructure works like flyovers and electrical installations along NH-2.
This significant contract may enhance JD Cables' market position and investor sentiment, given its substantial value relative to the company's overall capitalization.
Not investment advice. For informational purposes only.