GE Power India Ltd gets LoI for order worth Rs. 444 crores

GE Power India Limited has received a Letter of Intent from Gujarat State Electricity Corporation Limited for Design, Engineering, manufacture, Supply, Shop Testing, Packing & forwarding, installation, commissioning & PG Testing of FGD System on Engineering Procurement & Construction basis (EPC).

The order size is basic value of Rs. 4,440 million plus GST (@ 18%).

Shares of GE Power India Limited was last trading in BSE at Rs. 160.30 as compared to the previous close of Rs. 161.90. The total number of shares traded during the day was 15786 in over 601 trades.

The stock hit an intraday high of Rs. 164.40 and intraday low of 158.55. The net turnover during the day was Rs. 2546468.00.

Source : Equity Bulls

Keywords

GEPowerIndia INE878A01011 OrderWin GujaratStateElectricityCorporation EPCOrder FGDSystem