Shares of Power Mech Projects were trading almost 4% higher on 8 January after the company announced securing an order worth Rs 825 crore.

In its regulatory filing, the company announced receiving an order worth Rs 825 crore from Mahan Energen Limited for civil and mechanical construction works for its 2×800 megawatts (Phase II) Mahan Ultra Supercritical Thermal Power Project in Madhya Pradesh.

In December, the company had secured two orders worth Rs 2,192.4 crore. The first order is worth Rs 674.81 crore from Meenakshi Energy, and the second order was worth Rs 1,517.60 crore that was awarded by the Directorate of Geology and Mining in Dehradun, and both the orders have to be completed in a period of five years.

The first order is for the revival and operations and maintenance (O&M) services at a coal-fired power plant in Andhra Pradesh’s Tirupati district, whereas the second order is for the mining of river bed mineral that is located in the river bed of Dehradun, Haridwar in Udham Singh Nagar and Nainital Districts. These orders will be executed via special-purpose vehicles that will be incorporated for the same.

In six months, the shares of the company have given a return of over 21%, whereas it has given a return of over 108% in a period of one year.

At 3:30 pm, the shares of Power Mech Projects closed 3.43% higher at Rs 4,489.80 on NSE.