Power Mech Projects is currently trading at Rs. 5063.10, up by 125.40 points or 2.54% from its previous closing of Rs. 4937.70 on the BSE.
The scrip opened at Rs. 5050.10 and has touched a high and low of Rs. 5121.95 and Rs. 4988.45 respectively. So far 6041 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5121.95 on 29-Jan-2024 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. 5121.95 and Rs. 4701.70 respectively. The current market cap of the company is Rs. 7997.58 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 orders worth Rs 644.91 crore. The first order is for construction of Road Bed, Major Bridges, Minor Bridges, ROBs, RUBs including road approaches, station buildings, staff quarters, other service buildings, HL Platforms, COPs, FOBs, General Electrification and other works related to construction of Yavatmal -Nanded new BG Line from KM 207 to KM 253 of Central Railway in Maharashtra State for Rs 381.34 crore. The order is to be executed within 36 months.
The second order is for comprehensive O&M Service of 3x660 MW Ghattampur Thermal Power Project for an amount of Rs 263.57 crore. The order is to be executed within 3 years.
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.