GE T&D India surges on receiving order from Power Grid Corporation of India
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GE T&D India is currently trading at Rs. 1733.25, up by 62.00 points or 3.71% from its previous closing of Rs. 1671.25 on the BSE.
The scrip opened at Rs. 1735.05 and has touched a high and low of Rs. 1753.95 and Rs. 1712.85 respectively. So far 1730 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,753.95 on 15-Jul-2024 and a 52 week low of Rs. 229.90 on 14-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1753.95 and Rs. 1573.95 respectively. The current market cap of the company is Rs. 42791.78 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.04% and 7.96% respectively.
GE T&D India has received of order from Power Grid Corporation of India for Implementation of Unified Load Dispatch and Communication ULDC Phase-III SCADA/EMS Upgradation Project-Northern Regional SLDCs and RLDC. Broad consideration or size of the order is Rs 490 crore (plus GST 18%). The said order is expected to be executed by January 2026.
GE T&D India is a leading player in the Power Transmission & Distribution business.
