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GE Power India gains on bagging order worth Rs 327.5 crore

GE Power India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532309 | NSE: GVPIL

28 Sep 2017 Evaluate

GE Power India is currently trading at Rs. 652.65, up by 17.50 points or 2.76% from its previous closing of Rs. 635.15 on the BSE.

The scrip opened at Rs. 652.65 and has touched a high and low of Rs. 652.65 and Rs. 652.65 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 746.50 on 26-Jul-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. 666.20 and Rs. 622.35 respectively. The current market cap of the company is Rs. 4,387.00 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 17.04% and 13.99% respectively.

GE Power India has been awarded a contract worth approximately Rs 327.5 crore (approximately $ 49.2 million) by Doosan Power Systems India, to supply 4 units of 660 MW state of Art Electrostatic Precipitator (ESP) for the prestigious supercritical Power Projects of UP Government, Obra C 2x660 MW project of Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRUVNL) and Jawaharpur 2x660 MW of Jawaharpur Vidyut Utpadan Nigam (JUVNL).

These ESP shall be equipped with latest controllers provided by GE to have one of the lowest Particulate emission less than <20 mg/Nm3 exceeding the expectation of new compliance norm in the country. These orders reinforce GE’s commitment towards providing clean power solutions to the country.

GE Power India has engaged in the engineering, procurement, manufacturing, construction, and servicing of power plants and power equipment in India and internationally.

GE Power India Share Price

498.40 -7.25 (-1.43%)

17-Apr-2026 16:59 View Price Chart

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GE Power India gains on bagging order worth Rs 327.5 crore

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