PROMAX
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Recent events
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News
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Corporate Actions
Promax Power Buys 63.76% Stake In Promax Solar One Hubli
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];))
Promax Power Gets Letter Of Award For 700 Million Rupees–750 Million Rupees Contract
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];))
Promax Power Gets Order For Project Worth 554.3 Mln Rupees
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];;))
Promax Power Acquires 20.83% Stake In Exirgy Innovations
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];))
Events:
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Popular questions
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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 Manav Infra Projects, Conart Engineers, Sam Industries, Genus Prime Infra, VL Infraprojects, Salasar Exteriors, Akash Infra-Projects. Market Cap of Promax Power is ₹47 Crs. While the median market cap of its peers are ₹45 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 2.57 and is ranked 4 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 ₹2.43 Crs for TTM, ₹2.34 Crs for Mar 2025 and ₹1.37 Crs for Mar 2024.
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 20.25, while 3 year average PE is 107. Also latest EV/EBITDA of Promax Power is 6.92 while 3yr average is 21.49.
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 ~-43.96% over the last 1yrs while peers have grown at a median rate of -27.07%
Is the promoter bullish about Promax Power?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Promax Power is 69.25% and last quarter promoter holding is 69.25%.
Are mutual funds buying/selling Promax Power?
There is Insufficient data to gauge this.
