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Power Mech will complete the civil, structural and architectural works of the turbine island package of 2x700 MWe PHWR Kaiga Atomic Power Project, Unit 5 and 6 in Karnataka
The duration of the contract is 32 months, plus 12 months of guarantee period.
The company expects to complete the order within 32 months.
Shares of Netweb Technologies surged 5% to ₹1852, nearing its all-time high, after strong Q4 results in FY24. Company reported highest-ever revenue, EBITDA, and PAT. Partnered with NVIDIA for AI systems and launched 'Make in India' servers. Stock trading 270% higher than IPO price.
Tejas Networks, a Tata Group subsidiary, achieved new lifetime high in trading session, surging 6% to ₹1,183.35 apiece. Strong rally in April reverses previous negative returns, marking largest monthly gain since listing in 2017.