Power Mech Projects Ltd receives LOI for orders worth Rs. 454.19 crores

Power Mech Projects Ltd has received letters of intent for the following works worth Rs.454.19 Crores.

- Balance Civil and Architectural Works of the main plant area and various buildings, watch towers, patrol roads & drains outside BTG area of Unit 1 & 2 and Structural Works of Unit-2 at 2x660 MW Udangudi Super Critical Thermal Power Project from BHEL - Rs. 342.14 crore.

- Civil, Structural & Architectural Works (including piling works) for FGD system area of 4 X 210 MW, Stage-I and Common System, Kahalgaon STPP, Bihar from BHEL - Rs. 112.05 crore.

Shares of Power Mech Projects Limited was last trading in BSE at Rs. 1019.70 as compared to the previous close of Rs. 1023.75. The total number of shares traded during the day was 7736 in over 1023 trades.

The stock hit an intraday high of Rs. 1035.00 and intraday low of 993.20. The net turnover during the day was Rs. 7895886.00.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 62.60 as compared to the previous close of Rs. 62.10. The total number of shares traded during the day was 1866939 in over 7041 trades.

The stock hit an intraday high of Rs. 63.00 and intraday low of 61.80. The net turnover during the day was Rs. 116469904.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricalsLimited INE257A01026 500103 BHEL HeavyElectricalEquipment PowerMechProjectsLimited INE211R01019 539302 POWERMECH ConstructionandEngineering