JMC Projects jumps on order book

By Research Desk
about 8 years ago

JMC projects announced yesterday having received orders worth Rs.930 crore. This includes a road project in Ethiopia worth Rs.465 crore, retail mall project in Bangalore worth Rs.235 crore, building project in Bangalore worth Rs..62 crore and area infrastructure development project  worth Rs.169 crore.

Naturally, the stock price jumped up over 7% at Rs.216 with an intra day high at Rs.223. Volumes have risen today over 5 times.

The company, a subsidiary of Kalpataru Power Transmission, is a leading infra EPC Player in India.

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