JMC Projects shares zoom nearly 14 pc on fresh orders
Shares of engineering firm JMC Projects (India) on Wednesday rallied nearly 14 per cent after the company said it has secured new orders worth Rs 1,363 crore. On the NSE, it zoomed 13.63 per cent to Rs 55. In a filing to the BSE on Tuesday, the company said it has won Rs 1,169-crore building projects order in southern India; while in Bihar, it has won a water supply project of Rs 194 crore.
- Country:
- India
Shares of engineering firm JMC Projects (India) on Wednesday rallied nearly 14 per cent after the company said it has secured new orders worth Rs 1,363 crore. The stock jumped 13.51 per cent to Rs 55 on the BSE. On the NSE, it zoomed 13.63 per cent to Rs 55.
In a filing to the BSE on Tuesday, the company said it has won Rs 1,169-crore building projects order in southern India; while in Bihar, it has won a water supply project of Rs 194 crore. The company's CEO and Deputy Managing Director S K Tripathi said the firm is witnessing improvements in operations and expects execution to normalise at pre-coronavirus levels by the end of the second quarter of 2020-21.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- JMC Projects
- India
- BSE
- NSE
- Bihar
ALSO READ
Indian stocks kick off fresh week in green
India's Bhavani Devi fails to secure Paris Olympics 2024 quota in fencing
Maheshwari Chauhan secures 2024 Paris Olympics Shotgun quota at Doha for India
Industry Veteran Krishna Ella Elected President of Indian Vaccine Manufacturers Association
Inheritance tax cannot remove inequality, India's Modi says