Forensic Analyst, Trudence Capital Advisors

Nitin Mangal

Forensic Analyst

Thematic (Sector/Industry)

The year 2019 has witnessed a roller-coaster ride for the Indian stock market, specially lot of companies were questioned on corporate governance, accounting engineering. We have provided critical views on few of the companies on these two aspects. There are few hits and misses, we have witnessed in the last year. Going forward, we will continue to provide critical views on the companies especially in our core area of corporate governance and forensic research, however, we will also look into few companies where books of accounts are relatively clean and there are possibilities of turnaround.

The year 2019 has witnessed a roller-coaster ride for the Indian stock market, specially lot of companies were questioned on corporate governance, accounting engineering. We have provided critical views on few of the companies on these two aspects. There are few hits and misses, we have witnessed in the last year. Going forward, we will continue to provide critical views on the companies especially in our core area of corporate governance and forensic research, however, we will also look into few companies where books of accounts are relatively clean and there are possibilities of turnaround.

Forensic Accounting

Power Mech Projects Ltd / Forensic Accounting

With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting practices. And, if you do it then you do it at your own peril. One never knows what kind of price one has to pay for in case of issues related to such customers. <a href="https://www.smartkarma.com/entities/power-mech-projects-ltd" target="_blank" data-smartkarma-citation="entities:28147:1">Power Mech Projects Ltd (POWM IN)</a> (PMPL) management, however, to say the least, seems callous on this front. An analysis of the company reveals scant regard of corporate governance, questionable business methods and accounting jugglery to hide the skeletons.

With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting practices. And, if you do it then you do it at your own peril. One never knows what kind of price one has to pay for in case of issues related to such customers. Power Mech Projects Ltd (POWM IN) (PMPL) management, however, to say the least, seems callous on this front. An analysis of the company reveals scant regard of corporate governance, questionable business methods and accounting jugglery to hide the skeletons.

Power Mech Projects Limited: Asleep on the Job

India

Power Mech Projects Limited operates as an integrated power infrastructure services company. The Company provides comprehensive erection, testing and commissioning of boilers, turbines and generators, civil works and operation, and maintenance services. Power Mech Projects serves customers  worldwide.

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Power Mech Projects Ltd (POWM IN)

Review Of The Year 2019

The year 2019 has witnessed a roller-coaster ride for the Indian stock market, specially lot of companies were questioned on corporate governance,...

Nitin Mangal

Power Mech Projects Limited: Asleep on the Job

With government organisations as your dominant customers do not mean giving a go bye to the basics of corporate governance and accounting...

Nitin Mangal

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)