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Power Mech Projects moves up on bagging order worth Rs 396.25 crore
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Power Mech Projects is currently trading at Rs. 5250.00, up by 41.95 points or 0.81% from its previous closing of Rs. 5208.05 on the BSE.
The scrip opened at Rs. 5393.80 and has touched a high and low of Rs. 5398.00 and Rs. 5250.00 respectively. So far 2742 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5544.00 on 07-Feb-2024 and a 52 week low of Rs. 2006.25 on 28-Feb-2023.
Last one week high and low of the scrip stood at Rs. 5398.00 and Rs. 4973.05 respectively. The current market cap of the company is Rs. 8309.00 crore.
The promoters holding in the company stood at 60.40%, while Institutions and Non-Institutions held 22.80% and 16.80% respectively.
Power Mech Projects has received an order worth Rs 396.25 crore for Construction of electrified 4th Railway BG Line in between Dadhapara- Belaha- Dagori & Nipania- Bhatapara-Hathbandh stations in the state of Chhattisgarh in South East Central Railway on EPC basis. The order is to be executed within 30 months.
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.
