Promax Power
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Feb 3 (Reuters) - Promax Power Ltd PROX.BO:
PROMAX POWER LTD - BUYS 63.76% STAKE IN PROMAX SOLAR ONE HUBLI
Source text: ID:nBSE8J9sXZ
Further company coverage: PROX.BO
(([email protected];))
Feb 3 (Reuters) - Promax Power Ltd PROX.BO:
PROMAX POWER LTD - BUYS 63.76% STAKE IN PROMAX SOLAR ONE HUBLI
Source text: ID:nBSE8J9sXZ
Further company coverage: PROX.BO
(([email protected];))
Jan 8 (Reuters) - Promax Power Ltd PROX.BO:
RECEIVES LETTER OF AWARD
CONTRACT VALUED AT 700 MILLION RUPEES–750 MILLION RUPEES OVER 25-YEAR TENURE
Source text: ID:nBSE4nxgb0
Further company coverage: PROX.BO
(([email protected];))
Jan 8 (Reuters) - Promax Power Ltd PROX.BO:
RECEIVES LETTER OF AWARD
CONTRACT VALUED AT 700 MILLION RUPEES–750 MILLION RUPEES OVER 25-YEAR TENURE
Source text: ID:nBSE4nxgb0
Further company coverage: PROX.BO
(([email protected];))
Dec 31 (Reuters) - Promax Power Ltd PROX.BO:
GOT ORDER FOR PROJECT WORTH 554.3 MILLION RUPEES
Source text: ID:nBSEbSMCY4
Further company coverage: PROX.BO
(([email protected];;))
Dec 31 (Reuters) - Promax Power Ltd PROX.BO:
GOT ORDER FOR PROJECT WORTH 554.3 MILLION RUPEES
Source text: ID:nBSEbSMCY4
Further company coverage: PROX.BO
(([email protected];;))
April 5 (Reuters) - Promax Power Ltd PROX.BO:
ACQUIRES 20.83% STAKE IN EXIRGY INNOVATIONS
Further company coverage: PROX.BO
(([email protected];))
April 5 (Reuters) - Promax Power Ltd PROX.BO:
ACQUIRES 20.83% STAKE IN EXIRGY INNOVATIONS
Further company coverage: PROX.BO
(([email protected];))
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What does Promax Power do?
Promax Power Limited is a company specializing in engineering procurement construction for various infrastructure projects including transmission lines, power distribution, substations, solar projects, sewerage treatment plants, and water treatment plants.
Who are the competitors of Promax Power?
Promax Power major competitors are Salasar Exteriors, Kaushalya Infra Dev, Teerth Gopicon, NACDAC Infrastruct., Agni Green Power, Shreeshay Engineers, TechIndia Nirman. Market Cap of Promax Power is ₹30 Crs. While the median market cap of its peers are ₹29 Crs.
Is Promax Power financially stable compared to its competitors?
Promax Power seems to be less financially stable compared to its competitors. Altman Z score of Promax Power is 2.4 and is ranked 5 out of its 8 competitors.
Does Promax Power pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Promax Power latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Promax Power allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory
How strong is Promax Power balance sheet?
Balance sheet of Promax Power is moderately strong.
Is the profitablity of Promax Power improving?
Yes, profit is increasing. The profit of Promax Power is ₹2.34 Crs for Mar 2025, ₹1.37 Crs for Mar 2024 and ₹0.71 Crs for Mar 2023
Is the debt of Promax Power increasing or decreasing?
Yes, The net debt of Promax Power is increasing. Latest net debt of Promax Power is ₹5.11 Crs as of Mar-25. This is greater than Mar-24 when it was ₹2.46 Crs.
Is Promax Power stock expensive?
Promax Power is not expensive. Latest PE of Promax Power is 35.51, while 3 year average PE is 101. Also latest EV/EBITDA of Promax Power is 3.29 while 3yr average is 20.33.
Has the share price of Promax Power grown faster than its competition?
Promax Power has given lower returns compared to its competitors. Promax Power has grown at ~-53.28% over the last 1yrs while peers have grown at a median rate of -34.76%
Is the promoter bullish about Promax Power?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Promax Power is 68.97% and last quarter promoter holding is 69.25%
Are mutual funds buying/selling Promax Power?
There is Insufficient data to gauge this.