GE Power India Limited (the 'Company') manufactures Power Mills at its factory located at Shahabad, Karnataka. Due to a downward trend in the new Power Mills market, we have had steady decline of orders for a couple of years. As we do not anticipate any changes in the Power Mills market environment in the near future, we have exempted the shop floor employees from work. We will continue to pay full wages during this period.
Shares of GE Power India Ltd was last trading in BSE at Rs.900 as compared to the previous close of Rs. 890. The total number of shares traded during the day was 1228 in over 111 trades.
The stock hit an intraday high of Rs. 909.95 and intraday low of 890. The net turnover during the day was Rs. 1101922.