Power Mech Projects Ltd. News and Updates

Name: Latest research reports of Power Mech Projects Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Power Mech Projects Ltd.
Rating: 5
Author: Geojit BNP Paribas

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Power Mech Projects Ltd.

07 Feb 2023

2644.50

1.75%

Power Mech Consolidated December 2022 Net Sales at Rs 909.11 crore, up 40.75% Y-o-Y

Moneycontrol

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Power Mech Projects .. has an average target of 2370.00 from 1 broker.

Power Mech Projects Dec quarter net profit rises 54% to Rs 50 crore

Business Standard | 07 Feb 2023 1 more

Power Mech Projects Ltd.

19 Jan 2023

2644.50

1.75%

Power Mech Projects Q3 PAT seen up 76% YoY to Rs 57.9 cr: Nirmal Bang

Moneycontrol

Net Sales are expected to increase by 45 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs 936.6 crore, according to Nirmal Bang.

Power Mech Projects Ltd. has gained 29.77% in the last 3 Months

Power Mech Projects Ltd.

26 Dec 2022

2644.50

1.75%

Power Mech gets orders over Rs 1,034 crore from Adani Group, others

Business Standard

Power Mech Projects (Power Mech) on Monday said it has bagged three projects, including one from the Adani Group, totalling Rs 1,034.13 crore. In a regulatory filing, the company said it has received service order/letters of award (LOA) worth Rs 1,034.13 crore. A service order for execution of retrofitting of flue gas desulphurisation (FGD) system is from the Adani Group for its thermal power plants located at Mahan (Madhya Pradesh), Raigarh and Raipur in Chhattisgarh, Power Mech said. The order from the Adani Group is of Rs 608 crore, it said. Another order of Rs 306.60 crore is for setting up of a wagon repair workshop at Kazipet, Telangana. This project has been awarded to Power Mech-Taikisha, its joint venture company with Taikisha Engineering India Private Limited. The third project of Rs 119.53 crore is for providing technical expert, rotary technicians operation and maintenance services at Dangote Petroleum Refinery and Petrochemicals Project, Lagos, Nigeria. The contract

Power Mech Projects .. has an average target of 2370.00 from 1 broker.

Power Mech Projects Ltd.

25 Nov 2022

2644.50

1.75%

POWER MECH PROJECTS LIMITED

Buy: Power Mech Projects Ltd.

Recommendation Target

Geojit BNP Paribas

Power Mech Projects Ltd. is trading above its 150 day SMA of 2569.6

Power Mech Projects Ltd.

19 Aug 2022

2644.50

1.75%

Power Mech hits new high on order win from Adani Group; soars 52% in 1 mth

Business Standard

The company said it has bagged an order worth Rs 6,163.2 crore for five flue gas desulphurization [FGD] projects from the Adani Group.

Power Mech Projects Ltd. is trading above its 150 day SMA of 2569.6

Power Mech Projects Ltd.

18 Aug 2022

2644.50

1.75%

to see Rapid results content

Power Mech Projects Ltd.

14 Mar 2022

2644.50

1.75%

Power Mech taps on the Jal Jeevan Mission opportunity for growth

livemint

The 3.6 trillion Mission aims to ensure tap water supply to all rural households, or Har Ghar Jal', by 2024. As of December 2021, over 5.50 crore rural households across the country have been provided with tap water connection since the launch of the Mission in August 2019

Power Mech Projects Ltd. is trading below its 200 day SMA of 2706.2

Power Mech Projects share price gains 4% on winning orders worth Rs 2,121 crore

Moneycontrol | 14 Mar 2022

Power Mech Projects Ltd.

25 Nov 2021

2644.50

1.75%

Broker's call: Power Mech Project (Buy)

Business Line

Geojit FinancialPower Mech Project (Buy)Target: 1,163CMP: 952.15Q1-FY22 revenue grew by 56 per cent y-o-y, however, it was below our estimate as the

Power Mech Projects Ltd. is trading above its 150 day SMA of 2569.6

Buy Power Mech Projects target of Rs 1163: Geojit

Moneycontrol | 25 Nov 2021

Power Mech Projects Ltd.

25 Nov 2021

2644.50

1.75%

POWER MECH PROJECTS LIMITED

Power Mech Projects Ltd.

Geojit BNP Paribas

Power Mech Projects Ltd. is trading below its 200 day SMA of 2706.2

Power Mech Projects Ltd.

12 Aug 2021

2644.50

1.75%

POWER MECH PROJECTS LIMITED

Accumulate: Power Mech Projects Ltd.

Recommendation Target

Geojit BNP Paribas

EBITDA margin improved to 10.6% (vs 5% in the previous quarter last year) due to lower employee expenses and material costs. Higher other income (182% YoY) and the lower tax rate of 23.9% supported PAT to rose to Rs31cr YoY (vs. Rs33cr loss in Q1FY21). Management expects execution to ramp up going forward and guided Rs1,400cr of revenue in H2FY22 led by strong tender pipeline. We revised our rating to Accumulate Due to the recent uptick in...