JMC secures new orders of Rs. 1,524 Crores

JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 1,524 Crores. The details are as follows:

- EPC Project for Integrated Airport Development in Asia of Rs. 1,012 Crores
- Water Projects in India of Rs. 370 Crores
- B&F projects in India of Rs. 142 Crores

Commenting on securing new orders, Mr. S. K. Tripathi (CEO & Managing Director) commented, "We are delighted with the new order wins, especially the prestigious order for Integrated Airport Development. We continue to strengthen and diversify our presence in the Urban Infrastructure business with addition of new verticals and markets. The new orders in the Water and B&F business help us to widen our clientele and further strengthens our order book. Our strong and diversified order book reaffirms our confidence to achieve targeted growth going forward."

Shares of JMC Projects (India) Limited was last trading in BSE at Rs. 85.85 as compared to the previous close of Rs. 85.90. The total number of shares traded during the day was 18190 in over 398 trades.

The stock hit an intraday high of Rs. 87.05 and intraday low of 83.80. The net turnover during the day was Rs. 1553894.00.

Source : Equity Bulls

Keywords

JMCProjectsIndia INE890A01024 OrderWin