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Multibaggers: 10 reasons Power Mech Projects surged 800% in 3 years

Multibaggers: 10 reasons Power Mech Projects surged 800% in 3 years

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Top 10 stock ideas for May series when D-St bulls charge Nifty towards 22,800

As long as the Nifty 50 holds 22,300-22,200 levels on closing basis, the upward march towards 22,800 can't be ruled out in the coming sessions.

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Power Mech: This power infra company surged by over 800% in 3 years, 466% in 2 years

Power Mech Projects consistently delivered stellar returns with shares surging by 466% in two years and 811% in three years. The company attributes its success to significant order wins and continuous financial improvement. This stellar performance can be attributed to significant order wins.

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Power Mech Projects: Power Mech Projects bags orders worth Rs 232 cr

Power Mech Projects has secured orders valued at Rs 232.03 crore, comprising various projects including the construction of power house and balance of plant at a thermal project and coal handling plant. The orders include three packages worth Rs 122.89 crore from BHEL. Package A involves erecting power house Unit 1 & 2 and other structures at NTPC Talcher, Odisha.

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Power Mech Projects bags orders worth Rs 232 cr for coal, thermal plants

Power Mech Projects bags orders worth Rs 232 cr for coal, thermal plants
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Power Mech Projects Limited Bags Flue Gas Desulphurization (FGD) Projects of Rs. 6,163.20 Crores from Adani Group

Power Mech Projects Limited (PMPL), Hyderabad based construction and services Company with spectrum of portfolios has bagged a record order for 5 Flue Gas Desulphurization (FGD) projects with an aggregating value of Rs. 6,163.20 Cr. The orders are for a quantum of 15 FGD retrofits to coal-based units, whose sizes ranging between 330 MW and 660

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Power Mech Projects shares rise 4% on order win from Indian Railways

Power Mech Projects stock rose 3.64% to Rs 5,398 against the previous close of Rs 5208.05 on BSE. Market cap of Power Mech Projects climbed to Rs 8357 crore.

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Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators

Stock Market Live Updates: Sensex and Nifty open positive on upbeat economic indicators
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Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine

Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine
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Power Mech Projects bags orders worth Rs 645 crore

The other order is for comprehensive O&M (operation and maintenance) Service of 3x660 MW Ghattampur Thermal Power Project for an amount of Rs 263.57 crore, it stated.

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