JMC Projects leaps 16% on bagging new order worth Rs 554 crore

Shares of JMC Projects leaped 16.2 per cent to Rs 62.2 apiece on the BSE on Wednesday after the company bagged new project orders worth Rs 554 crore.  Among these, project worth Rs 315 crore was a 'Building Project' in South India, while Rs 239 crore worth project was a 'Factory Project' in Maharashtra.

"These new orders will strengthen our portfolio and will help us further expand our client base in the B&F market. JMC has won orders of around Rs.4,000 Crores till date in FY21 despite the challenging market conditions, demonstrating JMC’s impeccable reputation for domain expertise, prudent tendering