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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app