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Corporate update

Power Mech Projects: Intimation regarding Issuance of Corporate Guarantee *****

Power Mech Projects (POWERMECH) filed a disclosure titled "Intimation regarding Issuance of Corporate Guarantee *****". The company is valued at about ₹7,666 crore.

BCEIE News Desk · Published 15 Oct 2026, 12:32 pm IST · Filing received 15 Oct 2026, 12:15 pm IST

What happened

Power Mech Projects (POWERMECH) filed a disclosure with the exchanges on 15 October 2026 at 12:15 PM titled "Intimation regarding Issuance of Corporate Guarantee *****".

Company snapshot

Power Mech Projects is a small-cap company in the Construction sector, with a market value of about ₹7,666 crore.

The stock last traded at ₹2,424.6, against a 52-week range of ₹1,717.7–₹3,007.5 (19.4% below the high).

Before this filing the shares had moved +0.9% over the month and −4.8% over three months. Average daily turnover over the last 20 sessions was about ₹13.34 crore.

Promoters held 58.42% at the end of Q1 FY27. Foreign institutions owned 6.54% and domestic institutions 20.60%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,29380.616.61
Q2 FY261,23874.923.7
Q3 FY261,4209429.73
Q4 FY262,111142.645.09
Q1 FY271,62479.825.23

What history shows

BCEIE has no earlier corporate update filing from this company on record since May 2026.

Market-wide, 204 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.5%, with 37% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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