Anand Rathi: JMC Projects - Inflows Continue, BOT-Toll Refinancing Nearing Closure
Construction work takes place on National Highway 1, in Amritsar. (Photographer: Pankaj Nangia/Bloomberg News)

Anand Rathi: JMC Projects - Inflows Continue, BOT-Toll Refinancing Nearing Closure


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

JMC Projects India Ltd.’s rapidly recovering execution efficiency and year-to-date sturdy order additions raise hopes of good growth momentum in times to come.

The order construct too is comforting with the gradually rising exposure to infrastructure orders (especially water), and access to some private-sector quality names.

In its build-operate-transfer-toll segment, the refinancing efforts are nearing closure.

Any success would not only support the consolidated financial situation, but also pave the way for monetisation efforts to gather pace.

Click on the attachment to read the full report:

Anand Rathi JMC Projects Company Update.pdf


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