Buy JMC Projects (India), target price Rs 139: Anand Rathi

Anand Rathi has buy call on JMC Projects (India) with a target price of Rs 139. The current market price of JMC Projects (India) is Rs 83.85. Time period given by analyst is one year when JMC Projects (India) Ltd. price can reach defined target.

JMC Projects (India) Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 1408.72 Crore) operating in Construction sector.

JMC Projects (India) Ltd. key Products/Revenue Segments include Contract Revenue for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 1402.57 Crore, up 2.49 % from last quarter Total Income of Rs 1368.50 Crore and up 25.57 % from last year same quarter Total Income of Rs 1117.00 Crore. Company reported net profit after tax of Rs -27.16 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 67.75 per cent stake in the company as of 31-Mar-2022, while FIIs owned 1.0 per cent, DIIs 19.37 per cent.