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Primech Holdings Ltd. ( (PMEC) ) has shared an announcement.
On August 26, 2025, Primech Holdings Limited announced that its subsidiary, Primech A&P, secured a significant multi-year cleaning services contract with a leading polytechnic in Singapore, valued at approximately US$19.6 million. This contract, which involves deploying advanced robotics like the AI-powered HYTRON bathroom cleaning robot, underscores the company’s commitment to innovation and strengthens its position in Singapore’s premium facility services market. The win also expands Primech A&P’s client portfolio, which includes government facilities, major airports, and commercial properties, highlighting its expertise in technology-enhanced facility operations.
The most recent analyst rating on (PMEC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Primech Holdings Ltd. stock, see the PMEC Stock Forecast page.
Spark’s Take on PMEC Stock
According to Spark, TipRanks’ AI Analyst, PMEC is a Neutral.
Primech Holdings Ltd. has a moderate overall stock score driven by positive technical momentum, despite weak financial performance and valuation concerns. The stock’s price is trending positively, but the company’s financial instability and lack of profitability weigh heavily on its overall attractiveness.
To see Spark’s full report on PMEC stock, click here.
More about Primech Holdings Ltd.
Primech Holdings Limited, headquartered in Singapore, is a leading provider of comprehensive technology-driven facilities services, catering to both public and private sectors. The company offers a wide array of services, including advanced general facility maintenance, specialized cleaning solutions, and targeted cleaning services for various environments. Known for integrating eco-friendly practices and smart technology, Primech Holdings is committed to enhancing operational efficiency and client satisfaction, positioning itself as a leader in the industry.
Average Trading Volume: 53,256
Technical Sentiment Signal: Buy
Find detailed analytics on PMEC stock on TipRanks’ Stock Analysis page.