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JMC Projects advances after securing new orders

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Capital Market

JMC Projects (India) was up 1.53% to Rs 599.20 at 10:12 IST on BSE after the company said it has secured new orders of Rs 751 crore.

The announcement was made during market hours today, 24 January 2018.

Meanwhile, the S&P BSE Sensex was up 45.72 points or 0.13% at 36,185.70. The S&P BSE Small-Cap index declined 0.54%, underperforming the Sensex.

On the BSE, 1,053 shares were traded on the counter so far as against average daily volumes of 7,036 shares in the past one quarter. The stock had hit a high of Rs 635 and a low of Rs 594.70 so far during the day. The stock had hit a record high of Rs 688 on 11 January 2018 and a 52-week low of Rs 215 on 31 January 2017.

 

The small-cap company has equity capital of Rs 33.58 crore. Face value per share is Rs 10.

Net profit of JMC Projects (India) rose 109.5% to Rs 25.24 crore on 24.2% rise in net sales to Rs 659.22 crore in Q2 September 2017 over Q2 September 2016.

JMC Projects (India) is a prominent engineering and construction services company.

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First Published: Jan 24 2018 | 10:10 AM IST

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