World class convention center to be built in Lucknow; Will shares return to their glory on Monday?: – ..

New Delhi/Lucknow: The beginning of April has been explosive for J Kumar Infraprojects, a giant in the infrastructure sector. The company has got a big project in Lucknow, the capital of Uttar Pradesh, whose value is ₹ 1,184 crore. On Saturday, April 4, the company shared details of this ‘big win’ through an exchange filing. When the stock market opens on Monday, April 6, investors will be keeping an eye on the stock to see if this order will be able to put brakes on its recent decline.

A center with a capacity of 10,000 will be built in Lucknow’s Vrindavan Yojana.

Under this EPC (Engineering, Procurement and Construction) contract awarded by UP PWD (Public Works Department), J Kumar Infra has to build an International Exhibition-cum-Convention Center in Sector-15, Vrindavan Scheme, Lucknow.

Project Nature: Designing, engineering and manufacturing.

Capacity: Sitting arrangement for 10,000 people.

Time Limit: this mega project 24 months It is targeted to be completed within.

Contract Value: ₹1,184 crore (taxes and labor cess included, GST excluded).

Market’s eye on Monday: Will ‘Monday Magic’ be seen in stocks?

Shares of J Kumar Infra on Thursday, April 2 ₹454.75 But were closed. The market was closed on Friday due to Good Friday, so the real impact of this news will be seen as soon as the market opens on Monday morning. Generally, receiving such big orders improves investor sentiment and a rise in shares is expected.

Movement of shares: Stock fell 44% from record high

The journey has been full of ups and downs for J Kumar Infra investors in the last one year. While the company’s shares touched new highs, heavy selling was also seen in recent months:

52-Week High: ₹764.00 (10 June 2025)

52-Week Low: ₹424.60 (30 March 2026)

Mathematics of decline: This stock closed from its record high in just 9 months 44.42% Has broken.

Interestingly, during this decline the benchmark index nifty 50 Has also weakened by about 11%, although in the meantime on January 5, 2026, Nifty had also made its record high of 26,373.20.

J Kumar Infra’s new project at a glance

Gemini’s Insight: This order received by J Kumar Infra strengthens the order book of the company, but the real game in the stock market will open on Monday. What will be interesting for investors to watch is whether this ‘booster dose’ of ₹1,184 crore succeeds in pulling the stock above its recent low (₹424) or not.