Buy JMC Projects (India) Ltd.

TARGET Rs.260
CM PRICE Rs.153.95

JMC Projects India Limited (JMC), a subsidiary of Kalpataru Power Transmission Limited (KPTL), in one of the fast growing construction company of India. It is into the construction of Industrial, Power, Institutional and Infrastructural sector. We recently had a Telecon with the management of the company to discuss its Q3FY10 performance & outlook going forward & present herewith the key takeaways:‐

Key Highlights of Q3FY10 & 9MFY10 Results