Power Mech Projects gains on securing order worth Rs 971.98 crore

Power Mech Projects is currently trading at Rs. 2777.10, up by 50.75 points or 1.86% from its previous closing of Rs. 2726.35 on the BSE.
The scrip opened at Rs. 2720.00 and has touched a high and low of Rs. 2829.60 and Rs. 2695.00 respectively. So far 10642 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3725.00 on 23-Aug-2024 and a 52 week low of Rs. 1698.85 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 2829.60 and Rs. 2431.40 respectively. The current market cap of the company is Rs. 8781.58 crore.
The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 28.14% and 13.58% respectively.
Power Mech Projects has secured an order worth a Rs 971.98 crore (excluding GST) from Telangana Power Generation Corporation, Telangana. The order is for the work ‘TGGENCO - (Sx800MW)YTPS - Soil Investigation, Engineering, Design and Construction of Integrated Township with infrastructural Works consisting of Independent quarters (A & B Type) and (Stilt+ 10 floors) residential quarters (D, E & F Type) including Fire Fighting System, Hospital building, School building, Club house, Commercial complexes, Indoor Stadium, Multipurpose Function Hall, Sports Complex, Security Rooms & Maintenance Offices, site Levelling and Grading, Roads & Drains, Construction of underground potable water tanks, OHSR, Septic Tanks & STP, Avenue Plantation, Parking Sheds, Rainwater harvesting pits, Laying BT approach Road to township including Bridge over Tungapadu vagu, Main Gate & Internal Compound walls, Street lighting, Sub-station at Yadadri Thermal Power Station, Veerlapalem(V), Dameracherla (M),Nalgonda District.’ The order is to be executed within 30 months from date of taking over of site.
Power Mech Projects is an integrated power infrastructure services company. The company's operations include three business lines: Erection Works, Operation & Maintenance (O&M) Services and Civil Works.









