JMC Projects India Ltd secures new orders of Rs. 554 Crores

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 554 Crores. The details are as follows:

- Building Project in South India totalling Rs.315 Crores
- Factory Project in Maharashtra of Rs.239 Crores

Commenting on securing new orders, Mr. S. K. Tripathi (CEO & Dy. Managing Director) commented, "We are happy with the new order wins especially in our Buildings & Factory (B&F) business. These new orders will strengthen our portfolio and will help us further expand our client base in the B&F market. JMC has won orders of around Rs.4,000 Crores till date in FY21 despite the challenging market conditions, demonstrating JMC's impeccable reputation for domain expertise, prudent tendering and client confidence. Our execution capabilities and strong order book gives us confidence to deliver good performance going forward."

Shares of JMC PROJECTS (INDIA) LTD. was last trading in BSE at Rs.53.55 as compared to the previous close of Rs. 54.15. The total number of shares traded during the day was 14193 in over 166 trades.

The stock hit an intraday high of Rs. 55 and intraday low of 53.1. The net turnover during the day was Rs. 764444.

Source : Equity Bulls

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