Power Mech Projects Ltd receives orders worth Rs. 725.17 crores

Power Mech Projects Ltd has received letters of intent for the following works worth Rs.725.17 Crores:

Four laning of NH-365A from Kodad (Design Km 0.00 / Existing Km 185.00 of NH-65) to Khammam (Design Km 31.800 / Existing Km 29.400) (Design Length = 31.800 Km) in the State of Telangana under Bharatmala Pariyojana on Hybrid Annuity Mode for NHAI. Project worth Rs. 645 crore.

Design, Engineering, Procurement, Manufacture / Fabrication of Coal Handling plant at Talabira II & III mine at Sambhalpur Dist., Jharsuguda, Odisha for HOWE worth Rs. 80.17 crore.

Shares of Power Mech Projects Limited was last trading in BSE at Rs. 986.90 as compared to the previous close of Rs. 995.60. The total number of shares traded during the day was 3594 in over 897 trades.

The stock hit an intraday high of Rs. 1025.55 and intraday low of 981.00. The net turnover during the day was Rs. 3596489.00.

Source : Equity Bulls

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