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HomeNewsBusinessStocksPower Mech Projects shares trade lower after company wins order worth Rs 142.50 crore

Power Mech Projects shares trade lower after company wins order worth Rs 142.50 crore

Power Mech Projects Share Price | The share price rose 36 percent in the last one-year.

August 05, 2024 / 09:45 IST
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    Power Mech Projects share price fell in the early trade on August 5 after the company won an order worth Rs 142.5 crore.

    At 09:37am, Power Mech Projects was quoting at Rs 5,984.40, down Rs 64.55, or 1.07 percent, on the BSE.

    Meenakshi Energy has awarded a contract to the company for revival of Phase II (2 x 350 MW) located at Nellore district, Andhra Pradesh in 8 months.

    Catch all market updates at our live blog

    In July, the company received an order worth Rs 209.50 crore for operation and maintenance of 3X91.5 MW CPP at Hindustan Zinc Limited, Chanderiya, Chittorgarh for a period of 4 years.

    The share touched a 52-week high of Rs 6,500 and a 52-week low of Rs 3,342.75 on 24 July, 2024 and 02 November, 2023, respectively.

    Currently, the stock is trading 7.93 percent below its 52-week high and 79.03 percent above its 52-week low.

    Moneycontrol News
    first published: Aug 5, 2024 09:45 am

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