Introduction:
Leading infra company has secured two major orders worth ₹1,400 crore for a highway project in Jharkhand and a power plant in Uttar Pradesh, strengthening its presence in infrastructure and energy development across India.
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Share price movement of Power Mech:
On March 28, 2025, Power Mech Projects Ltd opened at ₹2,449.40, up 0.60% from its previous close of ₹2,434.90. The stock reached a high of ₹2,778.25 (14.12%) and a low of ₹2,449.40. By 4:00 PM, it traded at ₹2,718.25, an 11.64% increase, with a market cap of ₹8,594.10 crore.
Power Mech Projects Secures Orders Worth ₹1,400 Crore:
Power Mech Projects Limited has secured a ₹972.14 crore order from the National Highways Authority of India for constructing a 49 km four-lane bypass (NH-114A) in Jharkhand under the Hybrid Annuity Mode.
Additionally, the company received a ₹425 crore contract from Mirzapur Thermal Energy (UP) Private Limited, a subsidiary of Adani Power. The project includes civil works and prefabricated structural steel erection for the 2×800 MW Mirzapur Thermal Plant in Uttar Pradesh.
Recent news on Power Mech:
As of March 24, 2025, Power Mech Projects Ltd secured a ₹579 crore contract from BHEL for civil, structural, and architectural works at the 2x800MW DVC Koderma Thermal Power Station Phase-II in Jharkhand.
Stock performance of Power Mech for Period of 1 week, 6 months, and 1 year:
Power Mech Projects Ltd delivered a 7.57% return over the past week, declined by 19.1% in the past six months, and gained 8.48% over the past year.
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Shareholding pattern of Power Mech:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 58.30% | 58.30% | 58.30% |
| FII | 5.00% | 5.00% | 5.20% |
| DII | 23.40% | 23.20% | 21.70% |
| Public | 13.40% | 13.50% | 14.80% |
About Power Mech:
Power Mech Projects Ltd (NSE: POWERMECH), established in 1999, specializes in engineering and construction services, including erection, testing, commissioning (ETC), civil works, and O&M for ultra mega, supercritical, and subcritical power projects.
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.
