Shares of Jayant Infratech Ltd ended 5% higher on 26th November. This followed the firm’s announcement on Tuesday, 25th November. The company announced it has received an Engineering, Procurement, and Construction (EPC) contract worth Rs 161.68 crore from Konkan Railway Corporation Ltd.

In a filing with the stock exchanges, Jayant Infratech said it has received the Letter of Acceptance. This is for the “design, supply, erection, testing, and commissioning for the upgradation of the existing 1×25 KV Electric Traction system to a 2×25 KV Electric Traction system. This includes other works in projects being executed by Konkan Railway Corporation Limited.”

The company stated that the contract is scheduled to be completed by 23rd January, 2027.

Jayant Infratech added that this contract is expected to make a significant contribution to the company’s revenue. It will also boost overall operational growth.

At 3:30 PM, shares of Jayant Infratech ended 5% higher at Rs 77.43 on BSE.