Stock Gains Over 1.8% Following Order Win for Major Township Construction Project
Mumbai, May 14, 2025 — Shares of Power Mech Projects Ltd. surged on Wednesday after the company announced it had secured a substantial order worth ₹971.98 crore (excluding GST) from Telangana Power Generation Corporation (TSGENCO). The stock climbed 1.86% to trade at ₹2,777.10 on the BSE, marking a gain of ₹50.75 from its previous close of ₹2,726.35.
The scrip opened at ₹2,720 and witnessed intraday fluctuations, hitting a high of ₹2,829.60 and a low of ₹2,695.00. A total of 10,642 shares were traded on the BSE, indicating positive investor sentiment following the announcement.
Major Township Infrastructure Order to Be Executed in 30 Months
The newly secured order involves a comprehensive infrastructure development project at the Yadadri Thermal Power Station located in Veerlapalem village, Nalgonda district, Telangana. The scope of work includes:
Soil investigation, engineering, and design
Construction of an integrated township featuring multiple residential quarters (A, B, D, E, F Types) with stilt + 10 floor designs
Institutional and commercial facilities such as a hospital, school, clubhouse, commercial complexes, and indoor stadium
Infrastructure works including roads, drains, underground potable water tanks, rainwater harvesting pits, STP, OHSR, and septic tanks
Bridge construction over Tungapadu Vagu, street lighting, and a sub-station
The execution timeline for the project is 30 months from the date of site handover.
Market Performance and Shareholding Pattern
Power Mech Projects, part of the BSE Group ‘A’, has a face value of ₹10. The stock has shown significant volatility in the past year, with a 52-week high of ₹3,725.00 recorded on August 23, 2024, and a 52-week low of ₹1,698.85 on March 3, 2025. Over the last week, it has traded between ₹2,431.40 and ₹2,829.60.
As of the latest data, the company holds a market capitalization of ₹8,781.58 crore. The promoters own a majority stake of 58.28%, while institutional investors hold 28.14% and non-institutional investors hold the remaining 13.58%.
Company Profile: Power Mech Projects Ltd.
Power Mech Projects Ltd. is a leading integrated power infrastructure services company in India. It operates across three main verticals:
Erection Works
Operation and Maintenance (O&M) Services
Civil Works
With a track record of executing large-scale infrastructure and industrial projects across power, oil & gas, and urban development sectors, the company continues to diversify and expand its footprint across India and international markets.
The latest order further strengthens Power Mech’s civil construction portfolio, reflecting growing trust from public sector entities in its execution capabilities and project management expertise.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
