Power Mech Projects Limited
Edelweiss Mutual Fund increased its stake in Power Mech Projects to 1.26% with 3,98,130 shares, an increase of 16,799 shares. The stake is valued at ₹101.7 crore, with shares at ₹2554.70 apiece.
An engineering and construction company providing integrated services in the erection, testing and commissioning of boilers, turbines and generators for thermal power projects. The company specializes in balance of plant work, civil construction and operation and maintenance services. It undertakes ultra mega power projects, super critical thermal power projects and sub critical power installations across India.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.