JMC Projects shares jump by 2 per cent on order win; Sensex down by 200 points
BSE Sensex is down by nearly 200 points of Friday and is down by more than 300 points from its record highs.
The share price of JMC projects were seen outperforming on Friday when the Sensex is trading with losses of nearly 200 points. JMC Projects share price is up by more than 2 per cent on Friday, on an intraday basis. JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 1,451 Crores.
The order received is for the water business. It is expected that these orders will contribute significantly towards the growth of the Water business and further widen JMC Project's client portfolio. With these orders, JMC Project's YTD FY22 order inflows have surpassed Rs. 6,000 crores with a strong growth over last year.
The shares of JMC Projects have risen by more than 80 per cent in 2021 alone while in one year the shares of JMC projects have jumped by 157 per cent.
BSE Sensex is down by nearly 200 points of Friday and is down by more than 300 points from its record highs.
JMC Projects (India) Limited (JMC), a subsidiary of Kalpataru Power Transmission Limited, is one of the leading civil construction and infrastructure EPC Company in India having over three decades of experience.