JMC Projects (India) witnessed a sharp rise in share price on Wednesday after the company secured new orders worth Rs 7.02 billion.

The company bagged orders worth Rs 1.99 billion for Bhagalpur water supply projects and  Rs 1.81 billion for Karnataka State Highways improvement project.

Further it has bagged order of Rs 1.70 billion for two building projects in Bangalore and Rs 1.52 billion for building Central University of Bihar at Gaya.

Shares of J M C Projects (India) are trading at Rs 230.00, up Rs 30.8, or 15.46% at the Bombay Stock Exchange (BSE) on Wednesday at 2:06 p.m.

The scrip has touched an intra-day high of Rs 237.70 and low of Rs 192.10. The total volume of shares traded at the BSE is 43,815.