Multibagger stock, Feb. 18 -- Shares of Power Mech Projects, an integrated power infrastructure services company in India, regained momentum in Wednesday's trade on February 18, surging 5.7% to hit the day's high of Rs.2,204 apiece after the company secured significant orders.

In an exchange filing today, the company announced that it had received multiple orders from subsidiaries of Adani Power.

Mirzapur Thermal Energy (UP) Private Limited, a subsidiary of Adani Power, awarded the company an ETC contract for SG and STG packages of the 2x800 MW Mirzapur Phase-I Ultra Supercritical Thermal Power Project.

The project is scheduled to be completed within 36 months from the commencement date. The total value of this contract is Rs.515 crore...