Construction firm JMC Projects India today said it has bagged a contract worth Rs 355 crore from Provident Housing (Purvankara Group) for residential housing projects in Bangalore.
As part of the order, the company would undertake construction of residential projects in Bangalore, JMC Projects said in a filing to the Bombay Stock Exchange (BSE).
"The order secured by JMC Projects manifests the company's position as a reliable and professional, construction company," JMC Projects India Director Manish Mohnot said.
The project is expected to be completed in three phases in 30 months, the filing said.
Shares of JMC Projects (India) today settled at Rs 172.65 on the BSE, down 2.98 per cent from its previous close.
