GE Power bags Rs. 328 crore order, stock gains pace
Tanay Loya / 28 Sep 2017
The stock of GE Power was buzzing on the bourses in early morning trade on Thursday as it surged over 3 per cent on the BSE on the back of order win worth Rs 328 crore by Doosan Power systems India.
GE Power Shares of GE Power were trading higher in the first half of trade on Thursday as it surged nearly 3
The announcement which was made after market hours yesterday said, the order includes supply of 4 units of 660 MW state of art Electrostatic Precipitator (ESP) for the prestigious supercritical power projects of UP Government, Obra C 2x660 MW project of Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRUVNL) and Jawaharpur 2x660 MW of Jawaharpur Vidyut Utpadan Nigam (JUVNL).
GE Power India Limited (formerly known as ALSTOM India Limited) engages in manufacturing, engineering and supplying products and solutions for infrastructure.
At 11:05 am (IST), the scrip was trading 1.16 per cent higher at Rs 642.5 on the BSE. It opened at Rs 652.65 and touched a high and low of Rs 652.65 and Rs 641.25, respectively. The stock attracted a traded volume of 1,025 shares on the BSE. Meanwhile, the S&P BSE Sensex was at 31,222.96, trading up by 63.15 points, or 0.20
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.