JMC Projects advances on bagging new orders worth Rs 790 crore

18 Dec 2017

JMC Projects (India) is currently trading at Rs. 611.45, up by 33.95 points or 5.88% from its previous closing of Rs. 577.50 on the BSE.

The scrip opened at Rs. 600.00 and has touched a high and low of Rs. 620.00 and Rs. 575.45 respectively. So far 4,487 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 663.40 on 12-Dec-2017 and a 52 week low of Rs. 200.40 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 663.40 and Rs. 573.75 respectively. The current market cap of the company is Rs. 2,076.00 crore.

The promoters holding in the company stood at 67.19%, while Institutions and Non-Institutions held 13.51% and 19.30% respectively.

JMC Projects (India) has secured new orders worth Rs 790 crore. The first order is for one water pipeline and one micro irrigation project in the state of Madhya Pradesh totaling Rs 451 crore. The second order is for one residential and one commercial project in Western and Southern India, respectively totaling Rs 339 crore.

JMC Projects (India), a subsidiary of Kalpataru Power Transmission, is India’s one of the leading contracting company. The company is mainly engaged in the construction of industrial and residential buildings and also power and infrastructure development projects.

Related JMC Projects (India) Ltd. Links:

JMC Projects (India) Share Price

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