JMC Projects builds up

JMC Projects is in the limelight, rising 4% to rise to an intraday high at Rs.69.10. Its 10% UC of the day is at Rs.73.05.

The stock is reacting positively to the news of its bagging orders worth Rs.698 crore.

This is mainly for building projects in South India, helping it strengthen its position in the southern Buildings & Factories market.

Its order inflows for the current year has crossed Rs.6700 crore.