Power Mech Projects shares trade lower

06 Aug 2024 CW Team

On August 5, Power Mech Projects experienced a decline in its share price in early trading, despite securing an order worth Rs 1.42 billion. At 09:37am, the company?s shares were priced at Rs 5,984.40, which marked a decrease of Rs 64.55, or 1.07%, on the BSE. The contract, awarded by Meenakshi Energy, involves the revival of Phase II (2 x 350 MW) in Nellore district, Andhra Pradesh, with a completion timeline of 8 months.

Earlier in July, Power Mech Projects had secured another order valued at Rs 2 billion for the operation and maintenance of a 3x91.5 MW captive power plant at Hindustan Zinc Limited in Chanderiya, Chittorgarh, for a duration of 4 years. The share price had previously reached a 52-week high of Rs 6,500 on July 24, 2024, and a 52-week low of Rs 3,342.75 on November 2, 2023. At present, the stock is trading 7.93% below its 52-week high and 79.03% above its 52-week low.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..