JMC Projects bags order worth Rs. 615 crores

JMC Projects (India) Limited secured new orders of around Rs. 615 crores. The orders for institutional and commercial building projects in east and south India.

Mr. S. K. Tripathi, CEO & Dy. Managing Director said that the order has been received for the company’s Buildings & Factory (B&F) business. These orders, along with the orders announced previously, will help the company to strengthen their order book further and widen the client base in the B&F business. The company is confident of delivering its growth targets, going forward.

JMC Projects (India) Limited (JMC) is a subsidiary of Kalpataru Power Transmission Limited. It is one of the leading contracting company in India. With its focus on customer satisfaction, robust management and execution capabilities, the company has emerged as one of the leading civil EPC company. In last three decades, JMC has contributed significantly towards country's infrastructure by constructing highways, expressways, bridges, etc.

On Monday, the stock of the company closed at Rs. 101.55, down by 1.84 per cent or Rs. 1.90 per share. The intraday high is Rs. 107.20 and intraday low is Rs. 100. Th 52-week high is Rs. 150 and 52-week low is Rs. 76 on BSE.