The company, Power Mech Projects has received a giant order under Make in India scheme from Andhra Pradesh Medtech Zone (AMTZ), an enterprise under the Government of Andhra Pradesh.

The company shares rose nearly 10 percent intraday Wednesday on order win worth Rs 357 crore.

The company, Power Mech Projects has received a giant order under Make in India scheme from the Andhra Pradesh Medtech Zone (AMTZ), an enterprise under the Government of Andhra Pradesh.

Company order includes construction of ultra modern medical equipment manufacturing and testing facility located at Visakhapatnam, Andhra Pradesh.

On November 21, it has received letter of award, letter of intent/work orders. This order was of worth Rs 381 crore.

On the BSE, Power Mech Projects was quoting at Rs 772, up Rs 46.35, or 6.39 percent at 13:37 hrs.

Leave a Reply

Your email address will not be published. Required fields are marked *