Power Mech Projects jumps 4% as company bags Rs 1,009 crore JSW Thermal Energy contract (opens original article in a new tab)

Power Mech Projects shares increased 3.59% following a Rs 1,008.90 crore contract win from JSW Thermal Energy Limited for a thermal power project in West Bengal, with the company noting strong stock performance and no related-party interests.

• Power Mech Projects' shares rose 3.59% after securing a Rs 1,008.90 crore contract from JSW Thermal Energy Limited
• The contract involves civil and structural works for a 2x800 MW thermal power project in West Bengal
• The company clarified no related-party interests in the contract and highlighted strong stock performance