Stock Report

JMC Projects India Ltd secures new orders of ₹ 2,277 Crores



Posted On : 2022-11-04 10:05:56( TIMEZONE : IST )

JMC Projects India Ltd secures new orders of ₹ 2,277 Crores

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of ₹ 2,277 Crores. The details are as follows:

- Water Projects in India of ₹ 1,497 Crores
- B&F projects in India of ₹ 780 Crores

Commenting on securing new orders, Mr. 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."

Shares of JMC Projects (India) Limited was last trading in BSE at Rs. 109.75 as compared to the previous close of Rs. 111.00. The total number of shares traded during the day was 31218 in over 1855 trades.

The stock hit an intraday high of Rs. 110.80 and intraday low of 107.45. The net turnover during the day was Rs. 3419013.00.

Source : Equity Bulls

Keywords

JMCProjectsIndia INE890A01024 OrderWin NewOrders WaterProjects