JMC Projects (India) tumbled 4.80% to Rs 42.60 amid profit booking after advancing in the past five sessions.
Shares of the construction company climbed 38.27% in five sessions to Rs 44.80 on Monday (20 April), from its recent closing low of Rs 32.40 recorded on 9 April 2020.
Meanwhile, JMC Projects (India) announced market hours on Monday (20 April 2020) that as per the directions received from the government, all four road project special purpose entity vehicles (SPVs) of the company have resumed collecting user fee at all toll plazas on National Highways with effect from 20 April 2020.
On a consolidated basis, the company's net profit rose 2.6% to Rs 20.91 crore on a 3.6% increase in net sales to Rs 966.47 crore in Q3 December 2019 over Q3 December 2018.
JMC Projects (India) is an engineering and construction services company. The firm is engaged in the construction of buildings and others.
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