06 Feb 2025

GE Power India Shares Rise, Secures NTPC Order Worth Rs. 13.75 Crore

GE Power India is trading at Rs. 277.55, marking an increase of 3.65 points or 1.33% from its previous close of Rs. 273.90 on the BSE.

The stock opened at Rs. 286.45, reaching a high of Rs. 287.40 and a low of Rs. 277.55. A total of 7,550 shares have been traded so far.

The BSE Group 'B' stock, with a face value of Rs. 10, recorded a 52-week high of Rs. 646.55 on July 12, 2024, and a 52-week low of Rs. 233.95 on March 20, 2024. In the past week, the stock's high and low were Rs. 294.10 and Rs. 268.70, respectively. The company’s market capitalization currently stands at Rs. 1,901.87 crore.

In terms of shareholding, promoters hold 68.58%, while institutions and non-institutions own 4.04% and 27.38%, respectively.

Meanwhile, GE Power India has secured a purchase order from NTPC worth Rs. 13.75 crore (excluding 18% GST) for parts supply for a generator at the Telangana site. The order is expected to be completed within 40 weeks.

The company specializes in engineering, procurement, manufacturing, construction, and servicing of power plants and equipment.