Power Mech secures Rs 327 Cr O&M order from Vedanta Aluminium

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POWERMECH · price

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹2386.00

prior close

₹2379.20

announcement price

In-mkt

timing

Nifty Microcap 250market-1.7%+0.7% vs market

Civil Construction peers, median of 96sector-1.6%+0.6% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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+0.3

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.0-1.7+0.7-1.6+0.6

Next day

-4.9-4.2-0.6-4.8-0.1

-6.7-5.2-1.5-6.0-0.8

-11.3-7.4-3.9-8.3-3.0

-11.4-7.0-4.3-7.3-4.0

-8.8-5.5-3.4-7.0-1.9

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Power Mech Projects has secured a Rs 327.35 Crore order from Vedanta Aluminium Metal Limited for end-to-end operation and maintenance of a 130 MW coal-fired co-generation power plant and BOP of 90 MW at Vedanta's Kalahandi, Odisha facility. The 48-month domestic contract is not a related party transaction. Order value excludes GST.

Likely market impact

Positive - adds Rs 327 Cr to order book, strengthening 4-year revenue visibility from the Vedanta group.