Power Mech Projects - Focus On Operation, Maintenance, Civil Orders To Drive Growth: Geojit
Technicians perform maintenance work on a transmission tower. (Photographer Dimas Ardian/Bloomberg).

Power Mech Projects - Focus On Operation, Maintenance, Civil Orders To Drive Growth: Geojit

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Geojit Research Report

Power Mech Projects Ltd. is a leading infrastructure-construction company based in Hyderabad with global presence.

Company has an order backlog of Rs 7,353 crore (as on February 16, 2021), which shows revenue visibility for next three years.

The company enjoys market leadership position in power operations and maintenance and erection business with a market share of 55%-60%.

Diversification of business to non power segment, especially civil (including railway, petro chemical, water etc) has helped the company to be in the growth track.

Click on the attachment to read the full report:

Geojit Power Mech Initiating Coverage.pdf

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