The Hyderabad based construction and services company sain in a regulatory filing on August 18 that orders are for a quantum of 15 FGD retrofits to coal based units, whose sizes range between 330 MW and 660 MW.
NOCIL is placed above 20, 50 and 200-day EMAs, which indicate a bullish trend in all time frames. Indicators and oscillators like RSI, DMI and MACD are showing strength in the current up move
The share touched its 52-week high Rs 1,094.70 and 52-week low Rs 500.05 on 18 October, 2021 and 19 March, 2021, respectively.
Geojit is bullish on Power Mech Projects has recommended buy rating on the stock with a target price of Rs 1163 in its research report dated November 25, 2021.
The company has bagged an order worth Rs 645 crore from National Highways Authority of India (NHAI).
Geojit is bullish on Power Mech Projects has recommended buy rating on the stock with a target price of Rs 894 in its research report dated Jun 28, 2021.
The project has been awarded to a consortium led by Power Mech. It holds 74% equity stake in the consortium and AMR India holds 26% stake.
HDFC MF, on June 3, purchased 130,000 shares, representing 0.88 percent stake, in Power Mech Projects for Rs 8.22 crore at a price of Rs 633 per share via block deals on the NSE, exchange data showed.
Alpha Leon Enterprises LLP bought 3,02,627 equity shares in Zenith Health Care at Rs 8.28 per share on the BSE.
Geojit is bullish on Power Mech Projects has recommended buy rating on the stock with a target price of Rs 727 in its research report dated March 31, 2021.
The engineering and construction firm in a regulatory filing said that it has won an order worth Rs 401 crore for operation and maintenance of boilers & auxiliaries and other miscellaneous jobs of 4 x 660 MW, Thermal Power Plant of Vedanta Limited, Jharsuguda.
The share touched its 52-week high Rs 718 and 52-week low Rs 310 on 02 March, 2020 and 27 May, 2020, respectively.
Power Mech Projects share price was up 3 percent after Bekem Infra Projects acquired 1 lakh equity shares in the company at Rs 395.22 per share, according to data available on BSE.
The share touched its 52-week high Rs 800 and 52-week low Rs 310 on 11 February 2020 and 27 May 2020, respectively.
The company has received Sand Mining contracts from the Madhya Pradesh State Mining Corporation worth of Rs 477 crore.