JMC Projects (India) Limited
(JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs514cr. The details are as follows:
Residential and Commercial projects in South and West India totalling Rs295cr
Factory works from a multinational client in East India of Rs112cr
Institutional Building order of Rs107cr in East India
Commenting on securing new orders, SK Tripathi (CEO & Dy. Managing Director) commented, "We are delighted with the new order wins especially in our core buildings & factory (B&F} business. The institutional building and factory order wins would help us to further consolidate our order book and establish leadership in the B&F sector. These order wins also give us confidence that institutional buildings and manufacturing plants can become a significant growth driver going forward. "
JMC Projects (India) Ltd is currently trading at Rs129.45 up by Rs1.15 or 0.9% from its previous closing of Rs128.30 on the BSE.
The scrip opened at Rs134 and has touched a high and low of Rs134 and Rs129.05 respectively. So far 24,922 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs2,154.22cr.