JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company have secured new orders of Rs560cr. The details are as follows:
Commercial Real Estate Projects in Southern and Western India totaling Rs312cr
Water Supply Project in Odisha totaling Rs248cr
Commenting on securing new orders, S. K. Tripathi (CEO & Dy. Managing Director) commented, "We are happy with the new order wins especially in our focused Water and Buildings & Factory (B&F) business. These new orders will strengthen our commercial real estate portfolio in the B&F market. The order wins in our Water business would help us to further consolidate our order book and expand the client base. Our execution progress and strong order book give us the confidence to deliver robust performance going forward."
JMC Projects (India) Ltd is currently trading at Rs114.55 up by Rs2.4 or 2.14% from its previous closing of Rs112.15 on the BSE.
The scrip opened at Rs115.05 and has touched a high and low of Rs117 and Rs114.05 respectively. So far 24,845 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,883.06cr.
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