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HomeSHARE MARKET396.25 Crore Electric Railway Line Construction Order For Railway; Target Price

396.25 Crore Electric Railway Line Construction Order For Railway; Target Price

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Power Mech Projects Ltd (NSE: POWERMECH): Shares of Power Mech Projects Ltd closed at Rs 5225 on Tuesday. During the trading , the price of the shares of the company reached an intra-day high of 5398, according to BSE. 

The main reason for the increase in the shares that belong to Power Make is the work received from Railways. 

Power Make has announced that it received work that is worth about Rs 396.25 crore from Indian Railways.

The company has been awarded this task via the South East Central Railway. 

The company will have to carry out the required construction work for the railway electric line that runs through Chhattisgarh. The company has to finish this project within 30 months.

Shares Rose 157 Percent In One Year

In the past month, shares that this business has experienced increases of over 157.94 percent. 

This implies that the capital invested by holders of positions has increased by more than doubling over the past month. 

But, in the past six months, shares of the company were not as high as they were before.

How Was The Last Six Months For Investment?

In this time when the price of shares has risen only 33 percent. However, those who have held the shares for one month have seen their prices rise by 4 percent to date. 

The 52-week high of the company is at Rs 5544. The same is true for the company. 

The 52-week low for the company is 2006.25. The market capitalization of the company stands at 8320.22 crore.

About Power Mech Projects Ltd 

Power Mech Projects Limited is an integrated power infrastructure company. Power Mech Projects Limited is one of the most reputable companies that construct infrastructure. 

It was founded in the year 1999. It is classified as a public limited company and is located in Hyderabad, India. 

The company is globally based and is known for its extensive variety of services offered in the infrastructure and power industries. It can handle more than 4000 tonnes of annual production. 

The Company offers comprehensive services in the erection and testing of boilers, generators, and turbines, civil work, and operation and maintenance. Power Mech Projects has customers around the world. 

They have completed construction projects which include Ultra Mega Power Projects, Super Critical Thermal Power Projects, Sub Critical Power Projects, Heat Recovery Steam Generators and Waste Heat Recovery Steam Generators, Circulating Fluidized Bed Combustion Steam Generators Gas Turbine Generators, Hydro Electric Projects, and Operation & Maintenance of running plants and all civil work that are associated with power plants.

Fundamental Analysis of Power Mech Projects Ltd

Market Cap₹ 8,246 Cr.
Current Price₹ 5,225
52-wk High₹ 5,550
52-wk Low₹ 2,005
Stock P/E33.24
Book Value₹ 865
Dividend0.04 %
ROCE22.2 %
ROE17.9 %
Face Value₹ 10.0
P/B Value6.10
OPM11.5 %
EPS₹ 158
Debt₹ 459 Cr.
Debt to Equity0.34

Power Mech Projects Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹5300₹5600
2025₹5643₹5765
2026₹5800₹6000
2027₹6423₹6654
2028₹6874₹7000
2029₹7231₹7454
2030₹7567₹7786
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Power Mech Projects Shareholding Pattern

Promoters Holding
Dec 202264.17%
Mar 202364.17%
June 202364.12%
Sept 202364.05%
Dec 202360.40%
FII Holding
Dec 20225.14%
Mar 20234.96%
June 20233.57%
Sept 20234.16%
Dec 20234.24%
DII Holding
Dec 202210.27%
Mar 202310.76%
June 202313.47%
Sept 202314.53%
Dec 202318.57%
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Public Holding
Dec 202220.41%
Mar 202320.10%
June 202318.83%
Sept 202317.25%
Dec 202316.80%

Power Mech Projects Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,261 Cr
2020₹ 2,165 Cr
2021₹ 1,884 Cr
2022₹ 2,710 Cr
2023₹ 4,079 Cr

Last 5 Years’ Net Profit:

2019₹ 143 Cr
2020₹ 131 Cr
2021₹ -49 Cr
2022₹ 138 Cr
2023₹ 239 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.41
20200.48
20210.52
20220.51
20230.37

Last 10 Years’ Profit Growth:

10 Years:15%
5 Years:21%
3 Years:17%
Current Year:32%

Last 10 years’ Return on Equity (ROE):

10 Years:13%
5 Years:12%
3 Years:10%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:14%
5 Years:18%
3 Years:18%
Current Year:23%

Conclusion

This article is a complete guide about Power Mech Projects Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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