GE T&D India jumps on resuming regular operations at Hosur, Padappai facilities
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GE T&D India is currently trading at Rs. 136.45, up by 2.35 points or 1.75% from its previous closing of Rs. 134.10 on the BSE.
The scrip opened at Rs. 135.45 and has touched a high and low of Rs. 137.45 and Rs. 134.50 respectively. So far 10186 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 148.50 on 05-Mar-2021 and a 52 week low of Rs. 62.90 on 02-Jun-2020.
Last one week high and low of the scrip stood at Rs. 144.95 and Rs. 131.15 respectively. The current market cap of the company is Rs. 3493.75 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.55% and 9.45% respectively.
GE T&D India has resumed regular operations at its manufacturing facilities situated at Hosur and Padappai. Further, the Company has also partially resumed operations at its manufacturing facility situated at Pallavaram and will be ramping up operations in due course as and when government comes up with further relaxations. The Company is following all safeguards and advisories of the Government authorities in reference to Covid -19 pandemic.
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.
