JMC Projects Bags Order Worth Rs 710 Crores

Civil Engineering company, JMC Projects has bagged an order amounting to Rs 710 crores.

The order includes two water pipeline projects in the state of Madhya Pradesh costing Rs 257 crore and commercial projects in Bangalore and Chennai, totalling to Rs 340 crores and one residential project in Chennai of Rs 115 crore.

The stock on Friday’s trade ended in negative territory, slipping over 0.33% at Rs 270.65 per share on BSE. The stock on NSE has attracted a traded volume of 12,424 shares and a traded value of 33.80 lakh.

On a yearly basis, the stock has underperformed BSE Small-cap index and BSE Realty index.

JMC Projects (India) Limited is an India-based engineering and construction services company. The company is engaged in the construction of buildings and others. It executes various types of projects involving construction services that include design, procurement, supply, installation etc.  

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