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