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Power Mech Projects to invest up to Rs 5 crore in subsidiary company

15 Feb 2018 Evaluate

Power Mech Projects has received an approval for the further investment in Hydro Magus, subsidiary company up to the tune of Rs 5 crore. The Board of Directors of the company at its meeting held on February 13, 2018, approved the same.

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.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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