GE Power India rises on bagging purchase order from Tata Power Company
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GE Power India is currently trading at Rs. 303.05, up by 7.50 points or 2.54% from its previous closing of Rs. 295.55 on the BSE.
The scrip opened at Rs. 296.05 and has touched a high and low of Rs. 306.00 and Rs. 296.05 respectively. So far 10194 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.50 on 20-Feb-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. 318.50 and Rs. 276.00 respectively. The current market cap of the company is Rs. 1986.91 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 from Tata Power Company. The company has received order worth Rs 6.75 crore (Plus GST 18%). The order is to be executed within 55 days.
Earlier, the company had received a purchase order worth Rs 5.46 crore plus (GST 18%) from Lanco Anpara Power.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
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