GE Power gains on bagging NOA for Shoaiba Fuel Conversion Project in Saudi Arabia

GE Power India is currently trading at Rs. 802.75, up by 7.70 points or 0.97% from its previous closing of Rs. 795.05 on the BSE.

The scrip opened at Rs. 812.15 and has touched a high and low of Rs. 828.00 and Rs. 780.45 respectively. So far 18283 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1084.00 on 22-Jun-2026 and a 52 week low of Rs. 270.75 on 27-Jan-2026.

Last one week high and low of the scrip stood at Rs. 828.00 and Rs. 727.30 respectively. The current market cap of the company is Rs. 5365.76 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 2.61% and 28.81% respectively.

GE Power India has secured Notice of Award (NOA) for Shoaiba Fuel Conversion Project, Saudi Arabia. The scope of work comprises of supply along with Technical Field Advisory Services related to Boiler modifications for Fuel Conversion. The NOA is valued at around Rs 550 crore and the project duration is around 2.5 years. 

GE Power India is a leading energy player in the country with strong capabilities in engineering, manufacturing, project management and supply of products and solutions for power generation and transmission infrastructure requirements.