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24 April, 2024 17:44 IST
JMC Projects wins arbitration award of Rs 281.8 mn
Source: IRIS | 11 Jul, 2018, 09.36AM
Rating: NAN / 5 stars.
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JMC Projects (India) has executed a project with Engineers India (EIL) towards the civil, structural and waterproofing works for construction of EIL's new office complex at Gurgaon, Haryana.

In this regard, the company has won an Arbitration Award of Rs 281.8 million as an outcome of the arbitral proceedings in the above stated project.

The stock had underperformed the market over the past one month till Jul. 10, 2018, falling 1.12% compared with the Sensex's 2.60% rise. It underperformed the market in past one quarter, declining 1.64% as against 6.96% rise in the Sensex.

Shares of the company declined Rs 0.35, or 0.06%, to trade at Rs 578.00. The total volume of shares traded was 10 at the BSE (9.22 a.m., Wednesday).



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