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.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.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)