Power Mech Projects has seen its shares rise by 5.97% to ₹2,207 after securing a significant operations and maintenance (O&M) contract from the Maha Mumbai Metro Operation Corporation (MMMOCL) for the Mumbai Monorail. The ₹296 crore contract covers the O&M of a 19.54-km route with 17 stations from Sant Gadge Maharaj Chowk to Chembur over a period of five years. This marks Power Mech's entry into the urban mobility sector, enhancing its position as a leading O&M company in India's expanding infrastructure landscape. Chairman and Managing Director Sajja Kishore Babu expressed confidence in the company’s capabilities, emphasizing a commitment to high standards of service and safety for passengers. The contract will also improve connectivity with other metro and suburban lines, benefiting a larger number of commuters. In its latest financial report, Power Mech reported a 14.6% year-on-year increase in consolidated net profit to ₹93.99 crore for Q3 FY26, alongside a 6.1% rise in revenue from operations to ₹1,419.56 crore.