Hot Pursuit     23-Aug-22
Power Mech gallops on preferential issue plan
Power Mech Projects surged 4.73% to Rs 1325.10 after the company said its board will meet on 25 August 2022 to consider preferential issue of shares to promoters.
The board of Power Mech Projects will meet on Thursday, 25 August 2022, to consider the proposal of raising funds by issuing equity shares on preferential basis to promoter(s) / promoter(s) group.

Power Mech Projects operates as an engineering and construction company, which provides erection, testing and commissioning (ETC), civil and operation and maintenance services for power projects.

The company's consolidated net profit surged 25.6% to Rs 39.49 crore on 19.9% jump in net sales to Rs 746.61 crore in Q1 FY23 over Q1 FY22.

Previous News
  Power Mech Projects
 ( Results - Analysis 23-May-22   08:38 )
  Power Mech Projects consolidated net profit rises 29.12% in the June 2023 quarter
 ( Results - Announcements 09-Aug-23   17:05 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 24-May-22   08:55 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 24-Nov-20   11:31 )
  Power Mech Projects wins order worth Rs 305.81 cr
 ( Corporate News - 14-Mar-24   14:55 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 18-Feb-21   00:40 )
  Power Mech gallops on bagging orders worth Rs 2,192 cr
 ( Hot Pursuit - 29-Dec-23   14:52 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 17-Nov-22   14:34 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 22-Nov-17   14:20 )
  Power Mech Projects Ltd leads gainers in 'A' group
 ( Hot Pursuit - 01-Jul-21   12:00 )
  Power Mech Projects announces board meeting date
 ( Corporate News - 11-May-22   10:30 )
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