JMC Projects (India) will hold a meeting of the Board of Directors of the Company on 10 May 2021..

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JMC Projects (India) has secured building projects in India of Rs 1,059 crore. It has also bagged a water project worth approximately Rs 203 crore in Maldives.

Commenting on securing new orders, S. K. Tripathi, CEO & deputy managing director, commented, “We are delighted with the new order wins in our buildings and water business. The international order in the water business is a milestone in our growth journey and marks our entry in Maldives for the first time. The order in Maldives reinforces our thrust to diversify in the international EPC market.

The orders in our buildings business is a testament to our ability to deliver projects to the highest satisfaction of clients. Our total order wins for 2020‐21 were around Rs 7,900 crore, giving us confidence to deliver good growth in 2021‐22.”

JMC Projects (India) (JMC), a subsidiary of Kalpataru Power Transmission, is a civil engineering and EPC company.

The scrip slipped 3.65% to currently trade at Rs 80.60 on the BSE.

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JMC Projects (India) has secured new orders of Rs. 1,262 crore (Received orders of Rs.431 crore in March]21 and Rs.831 crore in month of April]21 till date). The details are as follows:

Building Projects in India of Rs.1,059 crore
Water Project in Maldives of approx. Rs.203 crore

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Prakash Industries Ltd, IFCI Ltd, Balmer Lawrie & Company Ltd and JM Financial Ltd are among the other gainers in the BSE's 'A' group today, 09 March 2021.

JMC Projects (India) Ltd spiked 17.34% to Rs 92.05 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1.81 lakh shares were traded on the counter so far as against the average daily volumes of 33577 shares in the past one month.

Prakash Industries Ltd soared 10.82% to Rs 68.6. The stock was the second biggest gainer in 'A' group. On the BSE, 8.36 lakh shares were traded on the counter so far as against the average daily volumes of 2.01 lakh shares in the past one month.

IFCI Ltd surged 9.95% to Rs 13.04. The stock was the third biggest gainer in 'A' group. On the BSE, 100.58 lakh shares were traded on the counter so far as against the average daily volumes of 16.95 lakh shares in the past one month.

Balmer Lawrie & Company Ltd rose 8.21% to Rs 158.75. The stock was the fourth biggest gainer in 'A' group. On the BSE, 5.86 lakh shares were traded on the counter so far as against the average daily volumes of 1.95 lakh shares in the past one month.

JM Financial Ltd spurt 7.94% to Rs 99.95. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.91 lakh shares were traded on the counter so far as against the average daily volumes of 96400 shares in the past one month.

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