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GE T&D India advances on selling GFSS business to GE India Industrial

06 Nov 2017 Evaluate

GE T&D India is currently trading at Rs. 412.55, up by 4.20 points or 1.03% from its previous closing of Rs. 408.35 on the BSE.

The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 415.65 and Rs. 410.00 respectively. So far 7,099 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 460.00 on 03-Nov-2017 and a 52 week low of Rs. 277.05 on 07-Mar-2017.

Last one week high and low of the scrip stood at Rs. 460.00 and Rs. 388.10 respectively. The current market cap of the company is Rs. 10,541.00 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.37% and 8.63% respectively.

GE T&D India has sold its Global Financial Shared Services (GFSS) business to GE India Industrial together with the assets and manpower comprised therein on a slump sale basis on an as is where is basis. The said business was non-core business activity for the company providing accounting services of transactional nature to various General Electric Group companies both in India and outside India.

GE T&D India is engaged in power transmission and distribution. Its products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows, as well as operate efficient networks through information management.


GE Vernova T&D India Share Price

4785.95 227.95 (5.00%)
07-May-2026 16:59 View Price Chart
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