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InfrastructureEnergyHigh impactAfter close

PowerMech Projects secures ₹710 cr order from Adani

after close1 source ↓written by the desknot a recommendation

order
₹710 cr
under a KPI-based
5 years

PowerMech Projects Ltd has secured a ₹710 cr order from Adani Infrastructure Management Services Ltd for operations and maintenance services at the 5×660 MW thermal power plant in Tiroda, Maharashtra. The contract spans 5 years under a KPI-based structure.

This order enhances PowerMech's project portfolio and may positively impact its revenue stream in the coming years.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Mar 2026, 16:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

POWERMECH closed −3.4% on the day of the news, from ₹2,033.70 to ₹1,965.40; Nifty −3.3% over the same session.

Bulletin at 16:13 IST on 18 Mar 2026. Every change is measured from ₹2,033.70, the last close before it, on 18 Mar. Nifty 50 is measured over the same sessions.

  • POWERMECH close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
POWERMECH closes around the bulletin against the close before the news, with Nifty 50 rebased to it173320072282axis spans 32%before the news · 18 Mar2034Nifty 50POWERMECHbulletinD0+1+3+512 Mar24 Mar7 AprReference close ₹2,033.70. 16 sessions from 12 Mar to 7 Apr; the price axis spans 32 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Mar₹2,033.70basebase
On the day19 Mar₹1,965.40▼ −3.4%▼ −3.3%−0.1 pp difference
+1 session20 Mar₹1,994.00▼ −1.9%▼ −2.8%+0.8 pp difference
+3 sessions24 Mar₹1,879.00▼ −7.6%▼ −3.6%−4.0 pp difference
+5 sessions27 Mar₹1,823.20▼ −10.3%▼ −4.0%−6.3 pp difference
Gap at the open, % · ₹
▼ −2.4%−48.61 on 19 Mar
Day's range, % · ₹
3.2%≈ 65 high to low
Volume on the day
0.68×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · POWERMECH on the desk →

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