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Power Mech rises after bagging Rs 549-cr O&M order from Moxie Power Generation
30-Sep-2026 | 14:30
Power Mech Projects rose 2.65% to Rs 2,461.15 after securing a Rs 549.37-crore order from Moxie Power Generation for O&M services at its 2x600 MW Tuticorin thermal power plant.
The contract period is 60 months, from 1 October 2026 to 30 September 2031.
Power Mech Projects is an engineering and construction company providing integrated services in erection, testing and commissioning (ETC) of boilers, turbines and generators; balance of plant (BOP); civil works; and operation and maintenance (O&M) services across power, infrastructure, and industrial sectors.
The company reported a 44.0% decline in consolidated net profit to Rs 79.78 crore in Q1 FY27, compared with Rs 142.55 crore in Q4 FY26. Net sales increased 25.53% YoY to Rs 1,623.68 crore in the quarter ended 30 June 2026.
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