01-04-2024 11:36 AM | Source: Accord Fintech
GE Power India zooms on bagging purchase orders worth Rs 25.76 crore

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GE Power India is currently trading at Rs. 282.45, up by 17.10 points or 6.44% from its previous closing of Rs. 265.35 on the BSE.

The scrip opened at Rs. 273.75 and has touched a high and low of Rs. 288.35 and Rs. 269.45 respectively. So far 33624 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 323.95 on 27-Feb-2024 and a 52 week low of Rs. 98.20 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 288.35 and Rs. 255.00 respectively. The current market cap of the company is Rs. 1882.37 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 orders worth Rs 25.76 crore. Out of which, the company has received first order worth Rs 5.84 crore plus GST 18% from NTPC for Services for Generator COH at NTPC Solapur. The company has received another order worth Rs 19.92 crore plus GST 18% from UPRVUNL-Harduaganj for Supply of Generator Rotor.

GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.