JMC Projects (India) rose 2.18% to Rs 88.90 at 9:24 IST on BSE after the company said it has secured new orders worth Rs 596 crore.
The announcement was made after market hours yesterday, 31 December 2018.Meanwhile, the S&P BSE Sensex was down 63.77 points, or 0.18% to 36,004.56.
On the BSE, 6,116 shares were traded in the counter so far compared with average daily volumes of 7,654 shares in the past two weeks. The stock had hit a high of Rs 90.25 and a low of Rs 88.55 so far during the day. The stock hit a 52-week high of Rs 142 on 29 May 2018. The stock hit a 52-week low of Rs 67 on 8 October 2018.
The company said it secured residential and commercial projects in South India totalling Rs 434 crore and and an order for civil works for a steel plant in Orissa for Rs 162 crore.
Net profit of JMC Projects (India) rose 20.18% to Rs 30.07 crore on 11.28% rise in net sales to Rs 733.61 crore in Q2 September 2018 over Q2 September 2017.
JMC Projects (India) is a civil EPC company. JMC provides services across the construction sector i.e. civil, structural & MEP for all major industries and project types.
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