your password has been reset successfully, Please login again.

JMC Projects Possesses New Business Projects Worth INR 547 Crore

JMC Projects, an Indian Construction and Engineering Company, revealed that it has accumulated contracts up to INR 547 Crore
BY BEx Bureau
BusinessEx
Mar 12, 2019

JMC Projects, an Indian Construction and Engineering Company, revealed that it has accumulated contracts up to INR 547 Crore. The gathered contracts are relatable to water pipeline, commercial and residential projects, as reported by the Indian daily news, The Economic Times.

Kalpataru Power Transmission is the parent organization which owns the venture, JMC Projects. The subsidiary company, JMC Projects was initiated in 1982. The current valuation of JMC stocks in NSE market is INR 118.00, up by 4.89 per cent as on 3.25 PM.

"JMC...has secured new orders of INR 547 crore," said the company, in its statement, as reported by the Indian daily news, The Economic Times.

The orders include a water pipeline project of Rs 315 crore and residential and commercial projects worth Rs 232 crore. the company further added, as reported by the Indian daily news, The Economic Times.

"These new orders along with earlier orders announced during the year, reaffirm our commitment to deliver sustainable and profitable growth going ahead. We remain confident to deliver on our guidance for the financial year 2018-19," said S K Tripathi, CEO and Deputy Managing Director at JMC projects, as reported by the Indian daily news, The Economic Times.

Please add your Comment
SIMILAR News
November 22, 2019
Online ed-tech startup, Azent Overseas Education Ltd has reportedly bought AI-based student admissio ...More
By Jaspreet Kaur
November 22, 2019
WazirX’s ‘Smart Token Fund’ attribute aids cryptocurrency investors in ascertaining traders as well ...More
By Jaspreet Kaur
November 21, 2019
Onelife Nutriscience will employ the money for expansionary plans, team building, and marketing. ...More
By Jaspreet Kaur
November 21, 2019
Beverage making firm, Svami Drinks has reportedly obtained INR 7.5 crore in its pre-Series A funding ...More
By Jaspreet Kaur
November 20, 2019
Co-working platform, myHQ has reportedly raised INR 10.7 crore from investment firms encompassing In ...More
By Jaspreet Kaur
November 18, 2019
As per the deal, Centrum MicroCredit will procure entire portfolio of the acquiring firm, Altura and ...More
By Jaspreet Kaur
November 16, 2019
Other investors who have partaken in the funding round are Nexus, BNK Ventures, Capria Fund, and Wil ...More
By Jaspreet Kaur
November 15, 2019
The funding round has been collectively run by Shunwei Capital and Accel India. ...More
By Jaspreet Kaur
November 15, 2019
Norwest Venture Partners, which has previously infused in Spotify and Uber, has lately closed a larg ...More
By Jaspreet Kaur
November 14, 2019
The move alludes to Tencent’s strategy as it is increasing its bets on the Internet firms in the Sou ...More
By Jaspreet Kaur
November 13, 2019
Sanaka Capital, a private equity company buoyed up by Shankar Narayanan, has signed its first deal ...More
By Jaspreet Kaur
November 12, 2019
The company will employ the funds for expanding its business across India by doubling down its bed c ...More
By Jaspreet Kaur