Power Mech Projects share price shed 4 percent in the opening trade on November 11 despite reporting better earnings for the second quarter ended September 2025 (Q2FY26).
At 09:19am, Power Mech Projects was quoting at Rs 2,296.80, down Rs 107.50, or 4.47 percent, on the BSE..
The company's net profit jumped 11.7 percent at Rs 74.92 crore versus Rs 67.07 crore and revenue was up 19.5% at Rs 1,237.8 crore versus Rs 1,035.4 crore, YoY.
The earnings before interest, tax, depreciation and amortization (EBITDA) was up 19 percent at Rs 147.02 crore against Rs 123.56 crore and margin was flat 11.88% against 11.94%, YoY.
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In October, Bharat Heavy Electricals has awarded balance of plant package on EPC basis for 1 x 800 MW Singareni TPS, Stage-II, by of over Rs 2500 crore.
In the previous trading session, the share closed at Rs 2,396.85, up Rs 23.35, or 0.98 percent.
The share touched a 52-week high of Rs 3,415.45 and a 52-week low of Rs 1,698.85 on 10 July, 2025 and 03 March, 2025, respectively.
Currently, the stock is trading 32.75 percent below its 52-week high and 35.2 percent above its 52-week low.
The market capitalisation of the company stands at Rs 7,261.63 crore.
The share price fell nearly 26 percent in the last three months.
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