Hot Pursuit     08-Jan-24
Power Mech spurts on Rs 825-cr project win
Power Mech Projects rallied 3.44% to Rs 4,487 after the firm received construction order from Mahan Energen worth Rs 825 crore.
The project comprises of civil and mechanical construction works for 2x800 MW (Phase II) Mahan Ultra Superficial Thermal Power Project at Bandhua Village, Singrauli District in Madhya Pradesh.

The various packages under the project are to be completed over a period of 22 to 33 months.

Hyderabad-based Power Mech Projects is one of the leading infrastructure-construction companies.

The company's consolidated net profit rose 17.02% to Rs 51.27 crore on 20.88% increase in revenue from operations to Rs 932.49 crore in Q2 FY24 over Q2 FY23.

Previous News
  Power Mech Projects sizzles on bagging orders worth Rs 1,034 cr
 ( Hot Pursuit - 26-Dec-22   12:15 )
  Power Mech Projects schedules board meeting
 ( Corporate News - 11-May-24   11:42 )
  Power Mech Projects gains after JV bags contract worth Rs 499 crore
 ( Hot Pursuit - 14-Oct-22   10:10 )
  Power Mech launches QIP issue for equity shares; floor price set at Rs 4,085.4/share
 ( Hot Pursuit - 19-Oct-23   14:44 )
  Power Mech Projects consolidated net profit rises 61.78% in the September 2022 quarter
 ( Results - Announcements 13-Nov-22   08:44 )
  Power Mech Projects announces board meeting date
 ( Corporate News - 11-May-22   10:30 )
  Power Mech Projects rises after Q2 PAT jumps 17% YoY to Rs 51 cr
 ( Hot Pursuit - 12-Nov-23   19:01 )
  Power Mech Projects announces cessation of director
 ( Corporate News - 26-Jul-23   10:24 )
  Power Mech Projects consortium bags MDO contract worth Rs 30,438 cr
 ( Corporate News - 31-Jul-23   08:44 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 22-Nov-21   14:02 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 18-Sep-20   11:39 )
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