Power Mech Projects Crosses ₹3,000 Mark After Securing ₹1,009 Crore JSW Order

$POWERMECH stcok prices surged as much as 5.9% intraday on June 22, 2026, crossing the ₹3,000 mark for the first time since September 23, 2025, after the company secured a ₹1,008.9 crore order from JSW Thermal Energy Limited. The contract involves civil and structural works in the BTG area of a 2x800 MW thermal power project at Salboni, West Bengal. Although the stock pared some gains, it still ended the session up 1.95%. The rally reflects investor confidence in the company’s order book strength. Notably, the stock has gained over 25% so far in calendar year 2026. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.