Latest news with #PowerMechProjectsLtd
Business Upturn
3 days ago
- Business
- Business Upturn
Power Mech Projects shares rise over 2% after strong Q1 results
By Aditya Bhagchandani Published on August 11, 2025, 09:28 IST Shares of Power Mech Projects Ltd gained 2.30% to Rs 3,120 as of 9:26 am on Monday, August 11, compared to the previous close of Rs 3,050. The stock traded between Rs 3,060 and Rs 3,165.90 during the session, taking its market capitalisation to nearly Rs 9,981 crore. The rally comes after the company on Friday, August 8, reported a 30.4% year-on-year jump in net profit to Rs 80.5 crore for the first quarter ended June 30, 2025, up from Rs 61.7 crore in Q1FY25. Revenue from operations surged 28.4% to Rs 1,293 crore compared to Rs 1,007 crore in the year-ago period. At the operating level, EBITDA rose 49% to Rs 170.4 crore over Rs 114.4 crore a year earlier, with the EBITDA margin expanding to 13.2% from 11.3%. In addition, the board has appointed Bontha Prasada Rao as an additional director in the category of non-executive and independent director for a three-year term starting August 8, 2025, subject to shareholder approval. The stock is currently trading well above its 52-week low of Rs 1,700 but remains below its 52-week high of Rs 3,725. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
23-05-2025
- Business
- Business Standard
Honasa Consumer Ltd leads gainers in 'A' group
Reliance Power Ltd, Power Mech Projects Ltd, IFCI Ltd and TVS Supply Chain Solutions Ltd are among the other gainers in the BSE's 'A' group today, 23 May 2025. Reliance Power Ltd, Power Mech Projects Ltd, IFCI Ltd and TVS Supply Chain Solutions Ltd are among the other gainers in the BSE's 'A' group today, 23 May 2025. Honasa Consumer Ltd soared 15.99% to Rs 319.5 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 8.09 lakh shares were traded on the counter so far as against the average daily volumes of 36583 shares in the past one month. Reliance Power Ltd surged 10.77% to Rs 49.38. The stock was the second biggest gainer in 'A' group. On the BSE, 91.34 lakh shares were traded on the counter so far as against the average daily volumes of 92.04 lakh shares in the past one month. Power Mech Projects Ltd spiked 7.97% to Rs 3181.8. The stock was the third biggest gainer in 'A' group. On the BSE, 48453 shares were traded on the counter so far as against the average daily volumes of 7060 shares in the past one month. IFCI Ltd spurt 6.85% to Rs 53.36. The stock was the fourth biggest gainer in 'A' group. On the BSE, 16.57 lakh shares were traded on the counter so far as against the average daily volumes of 12.76 lakh shares in the past one month. TVS Supply Chain Solutions Ltd gained 5.25% to Rs 132.35. The stock was the fifth biggest gainer in 'A' group. On the BSE, 84535 shares were traded on the counter so far as against the average daily volumes of 39662 shares in the past one month.
