Power Mech Projects Ltd bags contract of Rs. 343.44 crores

Power Mech Projects Ltd has received a Letter of Intent from The Singareni Collieries Company Limited for award of contract for Operations and Maintenance of 2x660 MW STPP. The contract value is Rs. 343.44 crores.

Shares of Power Mech Projects Ltd was last trading in BSE at Rs.557 as compared to the previous close of Rs. 568.85. The total number of shares traded during the day was 971 in over 104 trades.

The stock hit an intraday high of Rs. 573.1 and intraday low of 556.95. The net turnover during the day was Rs. 551552.

Source : Equity Bulls

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