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GE Power India gains on bagging purchase orders worth Rs 3.51 crore

30 Jul 2024 Evaluate

GE Power India is currently trading at Rs. 518.90, up by 2.55 points or 0.49% from its previous closing of Rs. 516.35 on the BSE.

The scrip opened at Rs. 510.00 and has touched a high and low of Rs. 523.00 and Rs. 507.30 respectively. So far 3583 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 646.55 on 12-Jul-2024 and a 52 week low of Rs. 156.80 on 14-Aug-2023.

Last one week high and low of the scrip stood at Rs. 535.00 and Rs. 455.50 respectively. The current market cap of the company is Rs. 3495.16 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 3.77% and 27.66% respectively.

GE Power India has received the purchase orders from NTPC and SNJ Distillers totaling to Rs 3.51 crore (excluding GST 18%). The company will provide services for Steam Turbine for NTPC Rihand station, while supply of spares for ESP at SNJ Distillers.

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


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