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Power Mech Projects rises on incorporating wholly owned subsidiary

30 Dec 2019 Evaluate

Power Mech Projects is currently trading at Rs. 610.25, up by 5.15 points or 0.85% from its previous closing of Rs. 605.10 on the BSE.

The scrip opened at Rs. 613.90 and has touched a high and low of Rs. 613.90 and Rs. 609.00 respectively. So far 64 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1164.15 on 29-May-2019 and a 52 week low of Rs. 562.10 on 11-Dec-2019.

Last one week high and low of the scrip stood at Rs. 624.95 and Rs. 595.05 respectively. The current market cap of the company is Rs. 896.62 crore.

The promoters holding in the company stood at 62.51%, while Institutions and Non-Institutions held 14.45% and 23.05% respectively.

Power Mech Projects has incorporated wholly owned subsidiary namely ‘Power Mech Environmental Protection’. The subsidiary got incorporated on December 27, 2019 in the State of Telangana, Hyderabad, India.

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.

Power Mech Projects Share Price

2301.30 -5.05 (-0.22%)
16-Apr-2026 16:59 View Price Chart
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