Hot Pursuit     13-Sep-23
GE Power jumps on order win from Vedanta
GE Power India rallied 4.81% to Rs 177.65 after the heavy electrical equipment producer announced that it has received a purchase order from Vedanta worth Rs 25 crore.
The project constitutes combustion modification of boiler. It includes NOX reduction order at Vedanta, Lanjigarh CGPP unit (3 x 30 MW).

The contract is to be executed in 14 months.

GE Power India is engaged in engineering, manufacturing, project management and supply of products and solutions for infrastructure. Its operations include a composite range of activities viz. engineering, procurement, manufacturing, construction and servicing etc. of power plants and power equipment. It has engineering centres in Noida and Kolkata and manufacturing unit dedicated to Boilers in Durgapur.

On a consolidated basis, GE Power India reported net loss of Rs 135.79 crore in Q1 FY24 as against net loss of Rs 59.02 crore in Q1 FY23. Net sales declined 13.7% YoY to Rs 423.57 crore in the quarter ended 30 June 2023.

Previous News
  Barometers trade with minor losses; Consumer durables rally
 ( Market Commentary - Mid-Session 21-Jun-24   12:33 )
  GE Power India reports consolidated net loss of Rs 61.85 crore in the September 2023 quarter
 ( Results - Announcements 10-Nov-23   07:33 )
  GE Power India reports consolidated net loss of Rs 179.10 crore in the March 2022 quarter
 ( Results - Announcements 31-May-22   08:15 )
  GE Power India reports consolidated net loss of Rs 139.29 crore in the December 2022 quarter
 ( Results - Announcements 15-Feb-23   07:47 )
  GE Power India spurts after order win
 ( Hot Pursuit - 02-May-22   09:39 )
  S.A.L Steel Ltd leads gainers in 'B' group
 ( Hot Pursuit - 17-Nov-23   12:15 )
  GE Power India reports standalone net loss of Rs 61.99 crore in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   17:41 )
  GE Power India to conduct board meeting
 ( Corporate News - 03-Aug-22   14:44 )
  GE Power India schedules AGM
 ( Corporate News - 24-Jun-20   17:12 )
  GE Power India Ltd leads losers in 'A' group
 ( Hot Pursuit - 26-Nov-20   15:00 )
  GE Power India reports consolidated net loss of Rs 8.76 crore in the June 2019 quarter
 ( Results - Announcements 24-Jul-19   16:40 )
Other Stories
  NSE SME SAR Televenture's FPO subscribed 67%
  22-Jul-24   17:58
  Mahindra Logistics gains as Q1 net loss narrows to Rs 7.84 cr
  22-Jul-24   16:34
  IOB PAT rises 21% YoY to Rs 633 crore in Q1 FY25
  22-Jul-24   15:14
  Wipro Ltd leads losers in 'A' group
  22-Jul-24   15:00
  IDBI Bank gains as Q1 PAT climbs 40% YoY to Rs 1,719 cr
  22-Jul-24   14:51
  Remedium Lifecare Ltd leads losers in 'B' group
  22-Jul-24   14:45
  Volumes spurt at Chemplast Sanmar Ltd counter
  22-Jul-24   14:30
  NSE SME Prizor Viztech sizzles on debut
  22-Jul-24   14:05
  Energy shares fall
  22-Jul-24   14:00
  Real Estate stocks slide
  22-Jul-24   14:00
Back Top