GE Power India zooms on bagging purchase order worth Rs 38.2 crore
GE Power India is currently trading at Rs. 263.85, up by 13.50 points or 5.39% from its previous closing of Rs. 250.35 on the BSE.
The scrip opened at Rs. 253.60 and has touched a high and low of Rs. 267.00 and Rs. 251.65 respectively. So far 41691 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 646.55 on 12-Jul-2024 and a 52 week low of Rs. 220.80 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs. 267.00 and Rs. 244.15 respectively. The current market cap of the company is Rs. 1791.28 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 4.04% and 27.38% respectively.
GE Power India has received purchase order for an amount of Rs 38.2 crore (excluding 18% GST) from NTPC for generator parts for Talcher site. The order is to be executed within 40 months.
Earlier, the company had bagged additional contract worth Rs 273.50 crore from Greenko KA01 IREP for engineering, manufacturing, procurement, supply, installation, testing of Electromechanical Equipment for additional one unit of 320MW for Saundatti PSP.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
