Latest Stock Market News

A total of 351 shares changed hands on the counter till 11:11AM (IST).

The company, which follows a January-December financial year, had reported a consolidated net profit of Rs 10.09 crore in the year-ago period.

As of 31-Mar-2022, promoters held 66.33 per cent stake in the company, while FIIs held 16.62 per cent and domestic institutional investors had 2.0 per cent.

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.

The Relative Strength Index of the stock stood at 46.74 on Tuesday.

Gold futures on MCX advanced 0.17 per cent or Rs 88 to Rs 51,550 per 10 grams. Meanwhile, silver futures were trading gains by 0.57 per cent or Rs 369 at Rs 65,485 per kg.

The Nifty50 and the BSE Sensex have shed a mere 4 per cent and 3 per cent, respectively, since October 2021, which was also the month when the two headline indices hit lifetime highs.

"The market is likely to remain volatile this week as traders roll over their positions in the F&O segment from the April series to May series. The next batch of Q4 results and management commentary, global stock market trends, and the movement of rupee and crude oil prices are likely to assess market sentiments in the near future," said Mitul Shah, Head of Research at Reliance Securities.

The initial public offer (IPO) is entirely an offer for sale (OFS) of 4,79,50,000 equity shares by promoters and existing shareholders. Those offering shares in the OFS include promoters -- Hari Krishna Agarwal and Nikhil Aggarwal -- and existing shareholders -- TPG Growth III SF Pte Ltd, QRG Enterprises Ltd, Rajiv Goel and Rajesh Kumar Gupta.

Shares of Adani Wilmar rallied another 5 per cent, its daily circuit limit, to hit a new record peak of Rs 802.80. They had settled at Rs 764.60 on Monday. With this stellar rise, it has made its place among the top 50 most valued companies in India. Last week Adani Power had topped the market cap of Rs 1 lakh crore.