New Delhi, March 24 -- Shares of J.Kumar Infraprojects, where Mukul Mahavir Agrawal is a key investor, jumped nearly 4% in intraday trade on Monday, March 24, following the announcement of an order win amounting to Rs.1,020.70 crore from City and Industrial Development Corporation of Maharashtra (CIDCO).

The company in an exchange filing today said it is in receipt of a "Letter of Acceptance" from M/s. City and Industrial Development Corporation of Maharashtra ("CIDCO") Limited. The project involves the design and construction of a coastal road from Jalmarg Sector-16, Kharghar to the PMAY Housing scheme near Kharghar Railway Station and pedestrian underpass near Delhi Public School, Nerul, Navi Mumbai. The total contract value amounts to...