GE Power surges on bagging purchase order worth Rs 7.47 crore
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GE Power India is currently trading at Rs. 250.15 up by 7.65 points or 3.15% from its previous closing of Rs. 242.50 on the BSE.
The scrip opened at Rs. 254.00 and has touched a high and low of Rs. 254.40 and Rs. 250.00 respectively. So far 1570 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. 97.45 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 264.90 and Rs. 233.95 respectively. The current market cap of the company is Rs. 1630.27 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 purchase order from Nuclear Power Corporation of India for Supply & Installation of Excitation System for 248MVA machine at TAPS-1&2. The size of the order is Rs 7.47 crore plus (GST 18%). The said order is to be completed in 12 months.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
