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GE Power India trades in green on the BSE

  • Jan-12-2018
  • 15 Hrs IST

GE Power India is currently trading at Rs. 905.00, up by 26.30 points or 2.99% from its previous closing of Rs. 878.70 on the BSE.

The scrip opened at Rs. 889.00 and has touched a high and low of Rs. 908.80 and Rs. 885.10 respectively. So far 9302 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 915.00 on 11-Jan-2018 and a 52 week low of Rs. 516.00 on 16-Jan-2017.

Last one week high and low of the scrip stood at Rs. 915.00 and Rs. 772.05 respectively. The current market cap of the company is Rs. 6084.09 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 17.27% and 14.16% respectively.

GE Power India has been awarded a contract worth approximately Rs 818.3 crore (around $126 million) by Navayuga Engineering Company.

The contract is to Design, Engineering, Manufacturing, Supply, erection, testing and commissioning of 12 Nos., 80 MW capacity Vertical full Kaplan Turbine generator units along with all associated auxiliary and ancillary equipment.

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