JMC Projects jumps to 1-year high on sealing new orders

Reuters Updated - May 24, 2019 at 10:42 AM.

Shares of construction services provider JMC Projects Ltd rose by approximately 12.80 per cent to Rs 133.95, its highest since May 2018.

The company recently signed residential and commercial orders worth Rs 616 crore ($88.32 mn).

The company’s stocks have seen its best session since Feb 8, 2018. It is on track for a third straight session of gains.

Up to Thursday's close, stock had risen 36.42 per cent this year.

Published on May 24, 2019 04:51