India, March 17 -- A small-cap company in the business of EPC services across power, infrastructure, and industrial projects has secured a Rs 709 crore order from the Adani Group, strengthening its already robust order book. Its client base includes NTPC, BHEL, Reliance Industries, Siemens, Larsen & Toubro, Tata Power, Vedanta, and global majors.
With a market cap of Rs 6,100 Cr, Power Mech Projects Ltd. saw its stock hit an intraday high of Rs 1,987, which is 5 percent higher than the previous close of Rs 1890. The company stock has given a compounded return of 49 percent in the last five years, while the three-year number is at 19 percent.
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Power Mech Projects Limited has secured a Rs 709 crore domestic contract from A...
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