JMC Projects shines on bagging new work orders worth Rs 2,277 crore
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JMC Projects (India) is currently trading at Rs. 113.65, up by 3.90 points or 3.55% from its previous closing of Rs. 109.75 on the BSE.
The scrip opened at Rs. 109.80 and has touched a high and low of Rs. 115.80 and Rs. 109.80 respectively. So far 68285 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 115.80 on 04-Nov-2022 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. 115.80 and Rs. 107.45 respectively. The current market cap of the company is Rs. 1908.24 crore.
The promoters holding in the company stood at 67.75%, while Institutions and Non-Institutions held 20.16% and 12.09% respectively.
JMC Projects has secured new work order worth Rs 2,277 crore. Out of the total, the company has received water projects of Rs 1,497 crore and B&F projects of Rs 780 crore in India. Earlier in August, company had secured new orders of Rs 1,524 crore.
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.
