JMC Projects inches up on securing new orders of Rs 1,524 crore
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JMC Projects (India) is currently trading at Rs. 87.80, up by 0.05 points or 0.06% from its previous closing of Rs. 87.75 on the BSE.
The scrip opened at Rs. 90.00 and has touched a high and low of Rs. 90.00 and Rs. 86.40 respectively. So far 9366 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.85 on 30-Sep-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. 92.20 and Rs. 82.55 respectively. The current market cap of the company is Rs. 1473.37 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) (JMC) has secured new orders of Rs 1,524 crore. Out of the total, the company has received EPC Project for Integrated Airport Development in Asia of Rs 1,012 crore, Water Projects in India of Rs 370 crore and B&F projects in India of Rs 142 crore. The new orders in the Water and B&F business will help the company to widen its clientele and further strengthens order book.
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.
