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Power Mech Projects shares gain 5% as company secures ₹1,009 crore JSW Thermal Energy contract (opens original article in a new tab)

TL;DR

Power Mech Projects shares gained 5% after securing a ₹1,008.90 crore contract from JSW Thermal Energy for civil and structural works in West Bengal, part of recent large contract wins that have improved the company's order book and stock performance.

  • Power Mech Projects shares rose 5% after securing a ₹1,008.90 crore contract from JSW Thermal Energy for civil and structural works in West Bengal.
  • The contract, to be completed in 36 months, is part of multiple recent large orders that have boosted the company's order book and stock performance.
  • The company has secured several other contracts worth ₹266.26 crore, ₹710 crore, and ₹296 crore in recent months for thermal power plant and metro projects.

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