Power Mech Projects is currently trading at Rs. 976.35, up by 33.90 points or 3.60% from its previous closing of Rs. 942.45 on the BSE.
The scrip opened at Rs. 934.30 and has touched a high and low of Rs. 985.00 and Rs. 934.30 respectively. So far 2619 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1084.00 on 14-May-2018 and a 52 week low of Rs. 775.35 on 08-Oct-2018.
Last one week high and low of the scrip stood at Rs. 985.00 and Rs. 915.20 respectively. The current market cap of the company is Rs. 1446.07 crore.
The promoters holding in the company stood at 63.19%, while Institutions and Non-Institutions held 13.54% and 23.28% respectively.
Power Mech Projects by way of JV has been awarded contract by Water Resources Department, Government of Andhra Pradesh for HNSS Project - Supply of water from Chitravathi Balancing Reservoir to HNSS Main Canal, Punganur Branch Canal and Kuppam Branch Canal in Chittoor District through Yogivemana Resevoir Project in Ananthapuram District, Andhra Pradesh (Hydro, Electro - Mechanical works etc.) for a total contract price of Rs 1238.75 crore to be completed within a period 24 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.
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| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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