PMEC icon

Primech Holdings

0.7050 USD
-0.0351
4.74%
At close Jan 21, 4:00 PM EST
After hours
0.6820
-0.0230
3.26%
1 day
-4.74%
5 days
-5.99%
1 month
2.25%
3 months
-8.44%
6 months
38.24%
Year to date
2.69%
1 year
-63.09%
5 years
-52.36%
10 years
-52.36%
 

About: Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Employees: 2,744

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

160% more capital invested

Capital invested by funds: $23.9K [Q2] → $62K (+$38.1K) [Q3]

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

33% more funds holding

Funds holding: 3 [Q2] → 4 (+1) [Q3]

0.15% more ownership

Funds ownership: 0.12% [Q2] → 0.27% (+0.15%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for PMEC.

Financial journalist opinion

Neutral
GlobeNewsWire
5 days ago
Primech AI Enhances HYTRON with NVIDIA Technology Components to Boost Robotics Performance
SINGAPORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the integration of advanced NVIDIA technology in its latest HYTRON bathroom cleaning robot. This enhancement underlines Primech AI's commitment to leveraging cutting-edge technology to refine and advance its robotic solutions.
Primech AI Enhances HYTRON with NVIDIA Technology Components to Boost Robotics Performance
Neutral
GlobeNewsWire
2 weeks ago
Primech A&P Secures Over $3.8 Million in Contracts Across Various Sectors
SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has secured a series of significant new contracts and renewals across various sectors, reinforcing its position as a leading provider of integrated facility services in Singapore and beyond. These contracts are valued at over USD$3.8 million.
Primech A&P Secures Over $3.8 Million in Contracts Across Various Sectors
Neutral
GlobeNewsWire
1 month ago
Primech AI Partners with Leading Japanese Hotel Group to Launch HYTRON
Revolutionizing Cleanliness with Fully Automated AI-Powered Cleaning Robotic Solutions in Japan SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI"), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC) has signed a Memorandum of Understanding (MoU) with Golden Rim Investment Limited, a leading Japanese hotel owner overseeing three hotels with approximately 260 rooms.
Primech AI Partners with Leading Japanese Hotel Group to Launch HYTRON
Neutral
GlobeNewsWire
1 month ago
Primech Holdings Receives NASDAQ Minimum Bid Price Requirement Extension
SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until May 12, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement.
Primech Holdings Receives NASDAQ Minimum Bid Price Requirement Extension
Neutral
GlobeNewsWire
2 months ago
Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRON
SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), unveiled its strategic expansion plans for HYTRON, its AI-powered public toilet cleaning robot. As the global cleaning market is projected to reach approximately $74 billion by 2025, Primech AI is poised to capture a significant market share with its innovative solutions.
Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRON
Neutral
GlobeNewsWire
2 months ago
Primech Holdings and Primech AI Forge Strategic Partnerships with Unity Group for Advanced Energy and Robotics Solutions
SINGAPORE, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company") and its subsidiary, Primech AI, are pleased to announce new strategic partnerships with Unity Group Holdings International Limited (1539.HK) ("Unity Group"), a renowned provider of energy solutions listed on the Hong Kong Stock Exchange. These partnerships, formalized through separate Memorandums of Understanding (MOUs), aim to harness Unity Group's energy expertise and Primech AI's robotic innovations to drive sustainability and technological advancements in their respective fields.
Primech Holdings and Primech AI Forge Strategic Partnerships with Unity Group for Advanced Energy and Robotics Solutions
Neutral
GlobeNewsWire
3 months ago
Primech Secures Major New Contracts, Paving the Way for Future Growth
Total Value Exceeding SG$5.6 million (US$4.3 million) SINGAPORE, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, is excited to announce several newly signed contracts, signaling robust growth and expanding opportunities across multiple sectors. With a total value exceeding SG$5.6 million (US$4.3 million), these new agreements underscore Primech's ongoing commitment to delivering exceptional facility services that consistently exceed each client's and sector's unique demands.
Primech Secures Major New Contracts, Paving the Way for Future Growth
Neutral
GlobeNewsWire
4 months ago
Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards
SINGAPORE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, proudly announces the nomination of operating subsidiary Primech A & P Pte. Ltd. (“Primech A & P”) as a finalist for The Singapore Apex Corporate Sustainability Awards (the “Awards”) in the category of “LowCarbonSG,” which recognizes businesses that have achieved at least 5% improvement in Scope 1 and 2 carbon emissions over the past 24 months through a commendable level of effort and/or investment.
Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards
Positive
InvestorPlace
5 months ago
Why Is Primech (PMEC) Stock Up 60% Today?
Primech (NASDAQ: PMEC ) stock is rocketing higher on Wednesday alongside heavy pre-market trading of the facilities and stewarding services company's shares. This has more than 7.6 million shares changing hands as of this writing.
Why Is Primech (PMEC) Stock Up 60% Today?
Neutral
GlobeNewsWire
5 months ago
Primech Holdings Reports 5.1% Increase in Revenue, $144.4 Million in Future Contracted Revenues Guidance
SINGAPORE, July 24, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces its financial results for fiscal year ended March 31, 2024.
Primech Holdings Reports 5.1% Increase in Revenue, $144.4 Million in Future Contracted Revenues Guidance
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