GE Power is currently trading at Rs. 525.10, up by 13.40 points or 2.62% from its previous closing of Rs. 511.70 on the BSE.
The scrip opened at Rs. 520.15 and has touched a high and low of Rs. 538.80 and Rs. 520.15 respectively. So far 1917 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 858.85 on 11-Jul-2019 and a 52 week low of Rs. 362.95 on 20-May-2020.
Last one week high and low of the scrip stood at Rs. 549.30 and Rs. 475.80 respectively. The current market cap of the company is Rs. 3539.53 crore.
The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 18.75% and 12.68% respectively.
GE Power India has been awarded a contract worth approximately Rs 291.90 crore by Megha Engineering & Infrastructures to Design, Engineering Procurement, Assembly, Inspection, Supply of Reversible Pump Turbine and Motor Generator with associated auxiliaries and supervision of erection, testing and commissioning for unit 1 (1 x 125 MW) of Package III of Phase I, units 2 & 3 (2 x 125 MW) of Phase II and unit 4 (1 x 125 MW) of Phase III of Kundah Pumped Storage Hydro Electric Project in Nilgiris District of Tamil Nadu.
GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.
