GE Power India is currently trading at Rs. 606.90, up by 9.35 points or 1.56% from its previous closing of Rs. 597.55 on the BSE.
The scrip opened at Rs. 606.00 and has touched a high and low of Rs. 615.00 and Rs. 604.90 respectively. So far 1,763 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 664.30 on 09-Feb-2017 and a 52 week low of Rs. 440.50 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 618.75 and Rs. 586.50 respectively. The current market cap of the company is Rs. 4,086.00 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 17.06% and 13.98% respectively.
GE Power India has been awarded a contract worth approximately Rs 237.60 crore ($35.4 million) by GE Power AG to supply 1 x 150 MW CFB Boiler and Electrostatic Precipitator Components.
The company’s scope of work consists of majorly supply of CFB Boiler Components including Steel Structure, Pressure Parts, all Auxiliaries, duct work, refractory, electrical & instrumentation etc. and Electrostatic Precipitator Components including steel structure, ducting etc.
GE Power India engages in the engineering, procurement, manufacturing, construction, and servicing of power plants and power equipment in India and internationally.
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