Buzzing Stocks Today, Stocks that will see action today: 6 August 2024 - MTNL, Lupin, RITES, Hudco, Sandhar Tech, Power Mech Projects, New India Assurance, VA Tech Wabag

Stock that will see action today: 6 August 2024

Buzzing Stocks Today, Stocks that will see action today: 5 August 2024 - Zomato, Infosys, JSW Steel, Adani, Power Mech Projects, Gland Pharma, SJVN, Ashoka Buildcon, Dee Development, Savita Oil, Jay Bharat Maruti, SBI

Stock that will see action today: 5 August 2024

The stock rose as much as 2.98% during the day to Rs 6,280 apiece on the NSE.

Power Mech Projects Surges 3% To Record High On Enhanced Order Value

Power Mech Projects attributed the hike in estimate from the earlier one of Rs 362 crore to a change in the scope of work.

Uttarakhand Government Hikes Hospital Contract Estimate To Rs 593.99 Crore

Power Mech Projects Ltd, VST Industries Ltd, Epigral Ltd and CMS Info Systems Ltd are among the other losers in the BSE’s ‘A’ group today, 14 June 2024.

La Opala RG Ltd leads losers in ‘A’ group

Power Mech Projects stock price zoomed 9.68 per cent at Rs 5379.95 per share on the BSE in Thursday’s intraday trade

Power Mech Projects shares gain 10% post block deal worth Rs 131 cr

Mine development and operation business is expected to start generating revenues from Q3 FY25 and operations are expected to reach peak levels by
FY27.

Power Mech Projects Q4 Results Review - Mine Development, Operation To Drive Growth, Margins: Nirmal Bang

On July 31, 20’23, Power Mech won Rs 304.38 billion MDO contract from SAIL, which is executable over 28 years.

Power Mech Projects Q2 Results Review - Expects Order Inflow To Pick Up In H2: Nirmal Bang

Power Mech Projects Ltd. secures Rs. 565.23 cr. contract for 3-yr sand mining in Madhya Pradesh. Shares up 0.25% to Rs. 3966 on BSE. Contract to operate & maintain 2x800 MW YTPS in Karnataka for 36 months. Company proficient in managing critical power infrastructure.

Power Mech announces it has bagged contracts worth Rs 723.90 crore

Power Mech Projects has been awarded a mine development and operation (MDO) project of Rs 30,438 crore by state-owned steel maker SAIL. “This project is being awarded to a consortium of Power Mech Projects Ltd (PMPL) - PC Patel Infra Pvt Ltd for development and operation of Tasra opencast project, l…

SAIL awards Rs 30,483 crore mine development project to Power Mech

The project possesses substantial reserves, with a total coal extraction of 96.78 mt and an annual capacity of 4 MTPA. The consortium of Power Mech Projects Ltd and PC Patel Infra Pvt Ltd will execute the project, with PMPL leading the consortium with a 74 per cent equity stake, and PC Patel Infra h…

PMPL’s shares surge 10 per cent

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Power Mech Projects Ltd. is an integrated power infrastructure services company.