JMC Projects jumps up over 4.5%
By
Ruma Dubey
about 7 years ago
JMC Projects rose over 4.5% to an intra day high at Rs.283 and is now currently at Rs.280 levels. Its 52-week high is at Rs.309.20.
The buzz around the stock is because it announced receipt of multiple orders to the tune of Rs.710 crore.
This order is split into three – one is in Madhya Pradesh for building two water pipelines totaling Rs.257 crore and the second order is for four commercial projects in Bangalore and Chennai, totaling Rs.340 and the third is a residential project in Chennai worth Rs.115 crore.