JMC Projects India Limited secures new orders of Rs. 1,262 Crores

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 1,262 Crores (Received orders of Rs.431 Crores in March-21 and Rs.831 Crores in month of April-21 till date). The details are as follows:

- Building Projects in India of Rs.1,059 Crores

- Water Project in Maldives of approx. Rs.203 Crores

Commenting on securing new orders, Mr. S. K. Tripathi (CEO & Dy. Managing Director) commented, "We are delighted with the new order wins in our Buildings and Water business. The international order in the Water business is a milestone in our growth journey and marks our entry in Maldives for the first time. The order in Maldives reinforces our thrust to diversify in the international EPC market. The orders in our Buildings business is a testament to our ability to deliver projects to the highest satisfaction of clients. Our total order wins for 2020-21 were around Rs.7,900 Crores, giving us confidence to deliver good growth in 2021-22."

Shares of JMC PROJECTS (INDIA) LTD. was last trading in BSE at Rs.83.15 as compared to the previous close of Rs. 81.4. The total number of shares traded during the day was 15100 in over 179 trades.

The stock hit an intraday high of Rs. 84.35 and intraday low of 81.8. The net turnover during the day was Rs. 1257924.

Source : Equity Bulls

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