JMC Projects advances on reporting 22% rise in Q1 net profit

06 Aug 2018

JMC Projects (India) is currently trading at Rs. 566.95, up by 27.20 points or 5.04% from its previous closing of Rs. 539.75 on the BSE.

The scrip opened at Rs. 555.70 and has touched a high and low of Rs. 578.00 and Rs. 541.00 respectively. So far 10314 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 710.00 on 29-May-2018 and a 52 week low of Rs. 325.00 on 10-Aug-2017.

Last one week high and low of the scrip stood at Rs. 578.00 and Rs. 526.85 respectively. The current market cap of the company is Rs. 1902.03 crore.

The promoters holding in the company stood at 67.19%, while Institutions and Non-Institutions held 15.36% and 17.45% respectively.

The company has reported 22.08% rise in its net profit at Rs 26.59 crore for first quarter ended June 30, 2018 as compared to Rs 21.78 crore for the same quarter in the previous year. Total income of the company increased by 3.65% at Rs 695.12 crore for Q1FY19 as compared Rs 670.66 crore for the corresponding quarter previous year.

JMC, 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.

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JMC Projects (India) Share Price

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