Power Mech Projects zooms on bagging order worth Rs 825 crore
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Power Mech Projects is currently trading at Rs. 4478.85, up by 141.20 points or 3.26% from its previous closing of Rs. 4337.65 on the BSE.
The scrip opened at Rs. 4383.70 and has touched a high and low of Rs. 4505.15 and Rs. 4265.55 respectively. So far 6934 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5062.25 on 31-Jul-2023 and a 52 week low of Rs. 1571.20 on 03-Feb-2023.
Last one week high and low of the scrip stood at Rs. 4568.70 and Rs. 4265.55 respectively. The current market cap of the company is Rs. 7083.39 crore.
The promoters holding in the company stood at 64.05%, while Institutions and Non-Institutions held 18.69% and 17.26% respectively.
Power Mech Projects has received order worth Rs 825.00 crore from Mahan Energen. The order is for Civil and Mechanical Construction works for 2x800 MW (Phase-II) Mahan Ultra Supercritical Thermal Power Project, Village:Bandhua, District Singrauli, Madhya Pradesh.
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.
