/ JMC Projects Advances 4% On Bagging Orders Worth Rs 1058 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 31 March 2017

 

Stocks of JMC Projects (India) Limited rallied 4% as the company on Thursday said that it has bagged an order worth Rs 1058 crore. The stock on the BSE witnessed a huge spurt in volume by more than 2.35 times on Friday.

The civil engineering and EPC company has received orders for a residential building project in Thane worth Rs 531 crore; and two commercial building projects in Bangalore worth Rs 527 crore. The stock on the NSE has delivered over 21% returns in a period of one year, underperforming the BSE Small-cap and BSE Realty indices over the same time span.

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