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JMC Projects India secures new orders of Rs2,277 crore; Stock gains 2.6%

4 Nov 2022 , 02:20 PM

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs2,277 crores.

The details are as follows:

  • Water Projects in India of Rs1,497 crore
  • B&F projects in India of Rs780 crore
Commenting on securing new orders, S. K. Tripathi (Managing Director & CEO) commented, “We are delighted with the new order wins in our Water and B&F business. These new orders in the Water business will help us to strengthen our leadership and capabilities in the Water business.

Our B&F business continues to diversify its clientele by adding reputed and marquee customers. These orders, along with the orders announced earlier during the year, gives us confidence to achieve the targeted growth going forward.”

At around 2:13 PM, JMC Projects (India) Ltd is currently trading at Rs112.60 per share up by Rs2.85 or 2.6% from its previous closing of Rs109.75 per share on the BSE.

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