 "Construction firm JMC Projects bags orders worth Rs 507 crore; shares rise")
Civil engineering and construction firm JMC Projects (India) Wednesday said it had secured orders worth Rs 507 crore in the domestic market.
The company has received residential and commercial projects in South India totalling Rs 507 crore, JMC Projects said in a BSE filing.
"With these new orders, our total order inflow in 2018-19 has crossed Rs 5,000 crore. Our strong order book position spread across building and factory and infrastructure businesses, and sound execution capabilities will help us deliver robust performance going forward,"
JMC Projects CEO and Deputy Managing Director S K Tripathi said.
JMC Projects (India) is an arm of Kalpataru Power Transmission.
Shares of JMC Projects were trading 2.69 per cent up at Rs 91.50 apiece on BSE.
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