Power Mech Projects on Tuesday posted over 54 per cent rise in its consolidated net profit at Rs 50.61 crore in December quarter compared to a year ago.

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

The consolidated net profit of the company was Rs 32.75 crore in the quarter ended on December 31, 2021, showed a BSE filing.

Power Mech Projects Q3 net profit rises over 54% to Rs 50 crore

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

IRB Infrastructure Developers has been making higher top higher bottom formation on the monthly chart. Primary trend of stock is positive as it is trading above its 100 and 200-day moving average.

Hot Stocks | Finolex Industries, Power Mech Projects, IRB Infra can fetch 12-16% return in short term. Here’s why

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.

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

Power Mech Projects won three orders worth total Rs 1,034 crore.

Power Mech Projects Shares Gains On Multiple Order Wins

1. Service Order for Execution of retrofitting of Flue Gas Desulphurisation (FGD) System from Adani Group for its thermal power plants located at Mahan (Madhya Pradesh),Raigarh (Chhattisgarh) , Raipur (Chhattisgarh)ranging between 600 MW to 685MW

Power Mech Projects wins orders worth Rs 1034.13 cr

Power Mech Projects (PMPL) rallied 5.71% to Rs 1,948 after the civil construction company announced that it has received letter of award (LoA) for three separate orders worth Rs 1,034.13 crore.

Power Mech Projects sizzles on bagging orders worth Rs 1,034 cr

Power Mech Projects receives revision in credit ratings

Power Mech Projects had hit a 52-week high of Rs 2,108 on October 10. Adding Friday’s gains, the scrip has delivered a 104.85 per cent return year-to-date.

Smallcap multibagger Power Mech Projects rallies 5% on bagging Rs 499 cr order

Power Mech Projects (PMPL) added 2.05% to Rs 1860 after the company announced the receipt of a letter of award (LOA) worth Rs 499.41 crore from Sangalore Metro Rail Corporation (SMRCL).

Power Mech Projects gains after JV bags contract worth Rs 499 crore

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

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