Power Mech Stock Price Up Today After Company Gets Orders of Rs 551.3 Crore
By Ankur Chandra | Published at: Jul 15, 2025 12:32 PM IST
Hyderabad, July 15, 2025 – Shares of Power Mech Projects Ltd (NSE: POWERMECH, BSE: 539302) gained ~2% to ₹3,284.30 in early trade on Tuesday after the company announced two significant contract wins totaling ₹551.35 crore. The contracts have been given by SJVN Thermal and Jhabua Power.
As of 12:20 p.m. IST,15th July, the stock is trading at 3,284.30, up by 1.85%.
Order Wins Driving Sentiment
Power Mech Projects notified the exchanges that it has received:
- A ₹498.39 crore contract from SJVN Thermal (P) Ltd. for commissioning support and comprehensive operation & maintenance (O&M) of the 2×660 MW coal-based supercritical Buxar Thermal Power Project in Bihar. The execution timeline is 39 months.
- A ₹52.96 crore O&M contract from Jhabua Power Ltd. (a joint venture of NTPC Ltd.) for boiler, turbine, and generator services of its 1×600 MW unit in Madhya Pradesh, with a three-year contract period and provision for a one-year extension.
These domestic contracts, awarded under SEBI’s disclosure framework (SEBI/HO/CFD/PoD2/CIR/P/2023/120), do not involve any related party transactions and were won through competitive bidding.
Market Snapshot (as of 11:00 IST)
| Metric | Value |
|---|---|
| Last Traded Price | ₹3,284.30 |
| Change (%) | +1.98% |
| Previous Close | ₹3,220.50 |
| Day’s Range | ₹3,311.00 – ₹3,397.00 |
| Traded Volume (Lakhs) | 1.03 |
| Traded Value (₹ Cr.) | 34.60 |
| 52-Week High (23-Aug-2024) | ₹3,725.00 |
| 52-Week Low (03-Mar-2025) | ₹1,700.00 |
| Market Cap (₹ Cr.) | ₹10,496.93 |
| Free Float Market Cap (₹ Cr.) | ₹4,374.49 |
The stock has rallied over 95% from its 52-week low, supported by strong execution capabilities and a robust order book.
About Power Mech Projects Ltd
Power Mech Projects Ltd, listed on NSE and BSE, is a Hyderabad-based engineering and construction company primarily engaged in civil construction, erection, and O&M services for infrastructure and power projects. It is part of the NIFTY Total Market index and has been actively expanding its footprint in the thermal, solar, and industrial segments.
With a strategic focus on long-term service contracts and a growing order inflow, the company continues to strengthen its position in India’s infrastructure build-out.
REF: https://nsearchives.nseindia.com/corporate/POWERMECH_14072025183520_Order.pdf
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