Power Mech Projects rises on bagging Rs 970 crore order from Vedanta Power
Power Mech Projects is currently trading at Rs. 2441.65, up by 29.10 points or 1.21% from its previous closing of Rs. 2412.55 on the BSE.
The scrip opened at Rs. 2418.75 and has touched a high and low of Rs. 2485.90 and Rs. 2407.60 respectively. So far 4397 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3130.00 on 09-Sep-2025 and a 52 week low of Rs. 1718.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 2,485.90 and Rs. 2270.00 respectively. The current market cap of the company is Rs. 7686.71 crore.
The promoters holding in the company stood at 58.42%, while Institutions and Non-Institutions held 27.14% and 14.44% respectively.
Power Mech Projects has secured an order from Vedanta Power for operations and maintenance at Vedanta Power’s Sakti Thermal Plant. The order is valued at Rs 970 crore, includes Rs 890 crore basic value and Rs 80 crore provision for additional services, (Excluding GST).
The scope of work includes End-to-End basis operations and maintenance at 2x600 MW at Sakti Thermal Plant, Chhattisgarh Coal based Thermal Power Plant, situated at village Singhitarai, Sakti (District), Chhattisgarh. The order is to be executed within 60 months from the date of issuance of LOI/ Order Confirmation.
