GE Power India moves up on receiving purchase order worth Rs 10.1 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
GE Power India is currently trading at Rs. 340.20, up by 1.55 points or 0.46% from its previous closing of Rs. 338.65 on the BSE.
The scrip opened at Rs. 342.45 and has touched a high and low of Rs. 349.80 and Rs. 337.90 respectively. So far 60732 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 371.00 on 04-Apr-2024 and a 52 week low of Rs. 106.25 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 371.00 and Rs. 269.45 respectively. The current market cap of the company is Rs. 2285.73 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 a purchase order for Supply of Spares for STG at Mangalore Refinery and Petrochemicals. Broad consideration or size of the order is Rs 10.1 crore plus (GST 18 %). The said order is likely to be completed in 16 months.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
