JMC Projects wins two water pipeline projects for Rs 257 crore

JMC Projects (India) Limited, said that the company has won orders for two water pipeline projects in Madhya Pradesh for Rs 257 crore. Other orders include one residential project in Chennai of Rs 115 crore and four commercial projects in Bangalore and Chennai for Rs 340 crore. On the back of these wins, the stock of the company surged over 4% on Monday.

JMC Projects (India) Limited is an India-based engineering and construction services company. The company is engaged in the construction of buildings and others. It executes various types of projects involving construction services that include design, procurement, supply, installation, testing and commissioning.
 
At Rs 281.95, JMC Projects (India) was trading up by Rs 11.30 or 4.18% as of1416 on Monday, on the BSE. The stock had hit an intraday high of Rs 283.