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POWERMECH — Power Mech Projects News Story

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India's Power Mech Projects gains on $28.1 million order win

BUZZ-India's Power Mech Projects gains on $28.1 million order win

** Shares of India's Power Mech Projects POMP.NS rise as much as 3.2% to 2,441 rupees; stock last up 2%

** Stock on track to snap three sessions of losses

** Construction and engineering co received order worth 2.7 billion rupees ($28.1 million) from Telangana Power Generation Corporation

** Order for maintenance and operation of coal handling plant and ash handling plant for units 1 to 5 of Yadadri thermal power station
** Co to execute order over three years

** Stock up 4.94% YTD



($1 = 96.0675 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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