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HomeNewsBusinessMarketsPower Mech Projects gains 3% on orders win worth Rs 500 crore

Power Mech Projects gains 3% on orders win worth Rs 500 crore

The company received letter of intent/work orders worth Rs 500 crore.

June 19, 2018 / 10:36 IST
IRB Infrastructure Developers  | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.
     
     
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    Shares of Power Mech Projects gained 3.3 percent intraday Tuesday as company received letter of intent/work orders worth Rs 500 crore.

    The trading window for all designated persons as under Power Mech - Insider Trading Policy will be closed from June 20, 2018 to June 21, 2018 (both day inclusive).

    The share touched its 52-week high Rs 1,084.00 and 52-week low Rs 514.00 on 14 May, 2018 and 13 October, 2017, respectively.

    Currently, it is trading 11.44 percent below its 52-week high and 86.77 percent above its 52-week low.

    At 10:31 hrs Power Mech Projects was quoting at Rs 960, up Rs 21.90, or 2.33 percent on the BSE.

    Posted by Rakesh Patil

    Moneycontrol News
    first published: Jun 19, 2018 10:36 am

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