Power Mech Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts

POWERMECH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+8.9%1-day move

₹1739.80

prior close

₹1815.70

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1-0.3-0.3+0.2+8.9+10.3+11.4+18.6+19.6+27.6+38.6+41.7+45.0+56.8

Up moveDown movePending

AI summary

Power Mech Projects Limited has received a work order from Hindustan Zinc Limited for the operation and maintenance of a 91.5 MW Captive Power Plant (CPP) and transmission line up to the MRSS. The contract is domestic, awarded for a period of 48 months, and is valued at ₹109.22 Crores (excluding GST). The order is not a related party transaction and no promoter interest exists in Hindustan Zinc Limited.

Likely market impact

This order adds to the company's order book and provides revenue visibility for the next four years, which is positive for future earnings. The value of approximately ₹109 crore represents a meaningful addition to the company's pipeline.