GE Power India moves up on getting LoI worth Rs 10.47 crore from NTPC
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GE Power India is currently trading at Rs. 242.05, up by 0.65 points or 0.27% from its previous closing of Rs. 241.40 on the BSE.
The scrip opened at Rs. 237.15 and has touched a high and low of Rs. 246.00 and Rs. 235.30 respectively. So far 28257 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.45 on 08-Jan-2024 and a 52 week low of Rs. 97.45 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 261.35 and Rs. 235.50 respectively. The current market cap of the company is Rs. 1619.17 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 4.39% and 27.04% respectively.
GE Power India has received Letter of Intent (LoI) worth Rs 10.47 crore plus (GST 18%) from NTPC for Supply of Spares for 660 MW Generator Overhauling at Nabinagar Super Thermal Power Station. The order is to be executed within 40 weeks.
Earlier, the company had received a Letter of Acceptance (LoA) worth Rs 7.01 crore plus (GST 18%) from Sanjay Gandhi Thermal Power Station, MP Power Generating Company (MPPGCL)
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
