Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
23 October, 2018 11:07 IST
JMC Projects secures new orders worth Rs 5.14 bn
Source: IRIS | 09 Oct, 2018, 10.49AM
Comments  |  Post Comment

JMC Projects (India) (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs 5.14 billion.

Two orders totalling Rs 2.36 billion for construction of educational institutes in Andhra Pradesh.

Civil construction and related MEP works for residential building in Telangana for Rs 1.41 billion.

Civil works for a steel plant in Orissa for Rs 1.37 billion.

S. K. Tripathi (CEO & Dy. Managing Director) commented, ''We are pleased with the new order wins, especially in our core buildings & factory (B&F) business. With these new order wins we have further strengthened our institutional clients portfolio. We are particularly happy with our success in Industrial segment as this reaffirms our faith in the Industrial Business becoming a significant opportunity in the coming years. We remain confident of meeting our revenue and margin guidance for financial year 2018-19."

Shares of the company gained Rs 1.3, or 1.81%, to trade at Rs 73.25. The total volume of shares traded was 6,374 at the BSE (10.40 a.m., Tuesday).



J M C Projects (India) Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
PNB Housing Finance raises Rs 17.75 bn through Commercial Papers - 23-Oct-2018 10:22
White Organic Agro bags additional orders from Innovative Cuisine - 23-Oct-2018 10:16
Himachal Futuristic Communications bags order worth Rs 3.66 bn - 23-Oct-2018 10:07
Lupin gets FDA approval for generic Triamcinolone Acetonide Ointment USP - 23-Oct-2018 10:00
ITD Cementation India bags orders worth Rs 10.66 bn - 23-Oct-2018 09:35
Biocon, Mylan announce positive CHMP Opinion for Ogivri - 22-Oct-2018 10:28
Air cargo industry must grow 12.9% annually to achieve national aviation policy target: Study - 22-Oct-2018 10:05
Lupin announces positive CHMP opinion for NaMuscla - 22-Oct-2018 09:51
Tejas Networks bags Rs 1.11 bn order from Sterlite Technologies - 22-Oct-2018 09:45
Tejas Networks bags Rs 1.11 bn order from Sterlite Technologies - 22-Oct-2018 09:45
Alembic Pharma' JV completes USFDA inspection of Karakhadi unit - 22-Oct-2018 09:41
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer