Power Mech Projects stock up 9%, wins 48-month O&M contract from Hindustan ZincPower Mech Projects stock up 9%, wins 48-month O&M contract from Hindustan Zinc

Introduction

Leading engineering firm secures a ₹109.22 crore contract from Hindustan Zinc for operation and maintenance of a 91.5 MW captive power plant over 48 months.

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Share price movement of Power Mech Projects

On April 01, 2026, Power Mech Projects Ltd opened at ₹1,761.20, up 1.71% from its previous close of ₹1,731.65. The stock reached a high of ₹1,883.20 (8.76%) and a low of ₹1,761.20. By 3:40 PM, it traded at ₹1,876.00, an 8.34% increase, with a market cap of ₹5,931.22 crore.

Power Mech Wins Hindustan Zinc Order

Power Mech Projects Limited has secured an order from Hindustan Zinc Limited for comprehensive operation and maintenance of a 91.5 MW captive power plant and transmission line to MRSS.

The contract value is ₹109.22 crore, excluding GST. The work is to be completed within 48 months. The order has been awarded by a domestic entity.

Stock performance of Power Mech Projects for period of 1 week, 6 months, and 1 year

Power Mech Projects Ltd delivered a 1-week return of -9.66%, a 6-month return of -37.5%, and a 1-year return of -35.4%.

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Shareholding pattern of Power Mech Projects

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	58.30%	58.30%	58.30%
FII	6.60%	7.00%	5.10%
DII	20.50%	21.00%	23.30%
Public	14.60%	13.70%	13.30%

About Power Mech Projects

Power Mech Projects Ltd (NSE: POWERMECH) is an engineering and construction company offering ETC, BOP, civil works, and O&M services for ultra mega, super critical, and sub-critical power projects.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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