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JMC Projects India secures new orders of Rs2,277 crore; Stock gains 2.6%


Commenting on securing new orders, S. Okay. Tripathi (Managing Director & CEO) commented, “We’re delighted with the brand new order wins in our Water and B&F enterprise. These new orders within the Water enterprise will assist us to strengthen our management and capabilities within the Water enterprise.

Our B&F enterprise continues to diversify its clientele by including reputed and marquee prospects. These orders, together with the orders introduced earlier in the course of the 12 months, offers us confidence to realize the focused development going ahead.”

At round 2:13 PM, JMC Initiatives (India) Ltd is presently buying and selling at Rs112.60 per share up by Rs2.85 or 2.6% from its earlier closing of Rs109.75 per share on the BSE.

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