 "JMC Projects rallies on securing new orders worth over Rs 1,050 crore")
JMC Projects (India) has rallied 11% to Rs 262 on the BSE after the company said that it has recently secured new orders worth over Rs 1,050 crore.
The orders include five building projects in Bangalore worth approximately Rs 794 crore, JMC Projects said in a statement.
The company also received a flyover project in Bhiwandi from the Mumbai Metropolitan Region Development Authority (MMRDA) worth approximately Rs 150 crore and a building project in Hyderabad worth approximately Rs 110 crore, it added.
JMC Projects (India) is a subsidiary of Kalpataru Power Transmission.
The orders include five building projects in Bangalore worth approximately Rs 794 crore, JMC Projects said in a statement.
The company also received a flyover project in Bhiwandi from the Mumbai Metropolitan Region Development Authority (MMRDA) worth approximately Rs 150 crore and a building project in Hyderabad worth approximately Rs 110 crore, it added.
JMC Projects (India) is a subsidiary of Kalpataru Power Transmission.
At 12:18 pm, the stock was up 6% at Rs 249 on the BSE. A combined 93,257 shares changed hands on the counter on the BSE and NSE.
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