JMC Projects zooms on securing new orders of Rs 631 crore

JMC Projects (India) is currently trading at Rs. 81.80, up by 3.55 points or 4.54% from its previous closing of Rs. 78.25 on the BSE.

The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 86.45 and Rs. 79.50 respectively. So far 7684 shares were traded on the counter.

jmc projects gains on raising rs 100 crore via ncds
jmc projects gains on raising rs 100 crore via ncds

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 130.00 on 30-Jul-2021 and a 52 week low of Rs. 65.00 on 11-May-2022.

Last one week high and low of the scrip stood at Rs. 86.45 and Rs. 77.65 respectively. The current market cap of the company is Rs. 1373.46 crore.

The promoters holding in the company stood at 67.75%, while Institutions and Non-Institutions held 20.40% and 11.84% respectively.

JMC Projects (India) has secured new orders of Rs 631 crore. These include B&F projects in India of Rs 631 crore. These new orders help the company to widen its clientele and further strengthens its B&F order book. The company’s robust order book and established capabilities reaffirms its confidence to achieve targeted growth going forward.

JMC Projects, 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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