JMC secures new orders of Rs. 1,624 Crores

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 1,624 Crores (Received orders of Rs.496 Crores in Q1FY22 and Rs.1,128 Crores in Q2FY22 till date). The details are as follows:

- Road Project in Ghana of Rs.1,128 Crores
- Building Projects in India of Rs.496 Crores

Commenting on securing new orders, Mr. S. K. Tripathi (CEO & Managing Director) commented, "We are pleased with the new order wins across our Buildings and Infra businesses. The international order marks our foray into Ghana. This also helps us bolster our international order book reinforcing our thrust to diversify internationally in the EPC market. Our current year order inflow has reached Rs.4,659 Crores and additionally we have good visibility across our businesses. JMC's order book visibility coupled with robust executional performance gives us confidence of sustained growth in the years ahead."

Shares of JMC PROJECTS (INDIA) LTD. was last trading in BSE at Rs.124.8 as compared to the previous close of Rs. 119.7. The total number of shares traded during the day was 81155 in over 2184 trades.

The stock hit an intraday high of Rs. 127 and intraday low of 119.3. The net turnover during the day was Rs. 10055123.

Source : Equity Bulls

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