GE T&D India shines on receiving order from UK Grid Solutions
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GE T&D India is currently trading at Rs. 495.35, up by 15.95 points or 3.33% from its previous closing of Rs. 479.40 on the BSE.
The scrip opened at Rs. 503.35 and has touched a high and low of Rs. 503.35 and Rs. 488.05 respectively. So far 1769 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 503.35 on 29-Dec-2023 and a 52 week low of Rs. 98.90 on 28-Feb-2023.
Last one week high and low of the scrip stood at Rs. 503.35 and Rs. 445.60 respectively. The current market cap of the company is Rs. 12274.87 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.78% and 8.23% respectively.
GE T&D India has received an order on December 28, 2023 from UK Grid Solutions for Supply & manufacturing of HVDC Converter Transformer. Broad consideration or size of the order is around 74 million GBP.
GE T&D India is a leading player in the Power Transmission & Distribution business.
