Stocks

CEO’s comment on order win to boost JMC

| Updated on November 25, 2019

 

JMC Projects, a subsidiary of Kalpataru Power Transmission, in a filing to the exchanges on Monday said it has secured new orders worth ₹615 crore. Though the stock has not reacted to the news positively, CEO & Dy MD SK Tripathi’s comment that “these orders along with the orders announced earlier, helps us to further strengthen our order book and widen our client base in the B&F business. We remain confident to deliver on our growth targets going forward,” could boost the stock.

Published on November 25, 2019

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