JMC Projects soars 17% on Rs 1,795-crore order win

With additional new orders, JMC's order inflows for the current financial year has crossed Rs 9,750 crore

Shares of JMC Projects (India) (JMC) soared 17 per cent to Rs 106.80 on the BSE in Thursday's intra-day trade after the company announced that it has secured new domestic orders worth of Rs 1,795 crore.

At 09:29 am, the stock was trading 14 per cent higher at Rs 104 on the BSE, as compared to a 0.29-per cent rise in the S&P BSE Sensex. Trading volumes on the counter jumped five-fold with a combined 880,000 shares having changed hands on the NSE and BSE till the time of writing of this report. It had hit a 52-week high