Power Mech Projects is currently trading at Rs. 2535.20, up by 23.05 points or 0.92% from its previous closing of Rs. 2512.15 on the BSE.
The scrip opened at Rs. 2575.05 and has touched a high and low of Rs. 2586.65 and Rs. 2530.05 respectively. So far 2191 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3725.00 on 23-Aug-2024 and a 52 week low of Rs. 2,054.95 on 28-Dec-2023.
Last one week high and low of the scrip stood at Rs. 2586.65 and Rs. 2489.80 respectively. The current market cap of the company is Rs. 8054.09 crore.
The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 28.21% and 13.50% respectively.
Power Mech Projects has secured a Rs 186 crore (excluding GST) order from Jaiprakash Power Ventures (JPVL). This order entails providing Field Operation and Maintenance services for the 2 x 660MW Jaypee Nigrie Super Thermal Power Plant located in Nigrie, Madhya Pradesh, over a five-year period starting from January 1, 2025, to December 31, 2029.
The contract value/ month for the first year would be Rs 3.10 crore per month and thereafter, a monthly price escalation, based on the Wholesale Price Index (WPI), shall be applicable for the remaining period of 48 months from January 1, 2026, to December 31, 2029.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: