JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 514 crores. The details are as follows:
- Two orders totalling Rs.236 crores for construction of educational institutes in Andhra Pradesh
- Civil construction and related MEP works for residential building in Telangana for Rs.141 crores
- Civil works for a steel plant in Orissa for Rs.137 crores
Commenting on securing new orders, Mr. S. K. Tripathi (CEO & Dy. Managing Director) commented, "We are pleased with the new order wins, especially in our core buildings & factory (B&F) business. With these new order wins we have further strengthened our institutional clients portfolio. We are particularly happy with our success in Industrial segment as this reaffirms our faith in the Industrial Business becoming a significant opportunity in the coming years. We remain confident of meeting our revenue and margin guidance for financial year 2018-19."
Shares of JMC PROJECTS (INDIA) LTD. was last trading in BSE at Rs.71.95 as compared to the previous close of Rs. 76.6. The total number of shares traded during the day was 21842 in over 551 trades.
The stock hit an intraday high of Rs. 78.05 and intraday low of 67. The net turnover during the day was Rs. 1523408.