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GE T&D India soars on receiving order from Grid Solutions SAS, France

12 Sep 2024 Evaluate

GE T&D India is currently trading at Rs. 1770.00, up by 46.65 points or 2.71% from its previous closing of Rs. 1723.35 on the BSE.

The scrip opened at Rs. 1790.00 and has touched a high and low of Rs. 1800.00 and Rs. 1760.00 respectively. So far 2973 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 1878.00 on 20-Aug-2024 and a 52 week low of Rs. 322.05 on 13-Sep-2023.

Last one week high and low of the scrip stood at Rs. 1800.00 and Rs. 1529.00 respectively. The current market cap of the company is Rs. 44125.78 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.01% and 7.99% respectively.

GE T&D India has received order from Grid Solutions SAS, France for Supply and Supervision of High Voltage Products. Broad consideration or size of the order is 100 Million Euros. The said order is expected to be completed in the year 2029. The order has been received from group company and these products will form a part of overall project being executed by group company for end customer.

GE T&D India is a leading player in the Power Transmission & Distribution business.


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