Ge Power India Ltd Share Price: Shares of GE Power India Limited saw a rise of more than 15 percent on Wednesday. This jump in the company’s shares was seen after receiving an order worth Rs 7.7 crore. GE Power India Limited has received from Mangalore Refinery and Petrochemicals Ltd. Let us tell you, the company’s shares closed at the level of Rs 597.70 in BSE with a rise of 11.40 percent.
Worst day in 28 months, rush to sell shares seen, investors left empty handed
Price reached 52 week high
Shares of GE Power India Limited opened at the level of Rs 544.15 in BSE. The company’s shares had reached an intra-day high of Rs 620 with a rise of 15.50 percent. This is the 52 week high of the company. Let us tell you that the company has to complete the order within 18 months. The company has told that they have to provide turbines to Mangalore Refinery and Petrochemicals Plants.
NTPC has also given work
Recently NTPC has also given work to the company. This company has received work worth Rs 1.87 crore from NTPC. In this project, GE Power Limited has to supply to Talcher Plant.
78% return in 1 year, expert has given advice to buy, know the target price
How is the overall performance of this company in the stock markets?
During the last one year, the company’s share prices have seen an increase of 283 percent. At the same time, investors who have held the stock for 6 months have got a profit of 119 percent so far. The good thing from the investors’ point of view is that the company’s shares have increased by 81 percent in the last one month.
GE Power India Limited’s 52 week low is Rs 154.50. The market cap of the company is Rs 4,018.19 crore.
