GE Power India soars on bagging order worth Rs 22.15 crore from Maithon Power
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GE Power India is currently trading at Rs. 278.40, up by 10.55 points or 3.94% from its previous closing of Rs. 267.85 on the BSE.
The scrip opened at Rs. 275.70 and has touched a high and low of Rs. 286.45 and Rs. 275.00 respectively. So far 56827 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. 286.45 and Rs. 224.10 respectively. The current market cap of the company is Rs. 1800.69 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 5.89% and 25.53% respectively.
GE Power India has received order worth Rs 22.15 crore plus (GST 18%) from Maithon Power. The order is for Design, engineering, manufacture, shop fabrication, assembly, shop testing, type testing at manufacturer’s works, inspection, packing, supply, loading, transportation to site, unloading, proper preservation, storage & handling at site, erection/ installation, construction, site testing, commissioning, performance testing at site of NOx emission abatement system (combustion modification) for 2 x 525 MW units Maithon Power. The order is to be executed within 22 months.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
