GE Power India Ltd. Rides the Wave with a Whopping 7% Surge!

Hey folks! Have you heard about GE Power India Ltd.? They’re a smaller company, but they’re making some big moves. On Wednesday, their stock price went up by 7%! By the afternoon, it was even higher on the NSE.

Why the Big Jump? 🤔

Here’s the scoop: They got a big job from a company called Vedanta. It’s about changing something in a boiler, and they’ll get Rs. 25 Cr for it. They have a little over a year to get it done.

Some Ups and Downs 📈📉

Like all companies, GE Power India Ltd. has had its good and bad days. Their money earnings went down a bit recently. But with this new job, things might just turn around!

Who Owns What? 🧐

If you’re curious about who owns parts of the company: The main owners have 68.58%, regular people own 22.52%, big investment groups own 8.83%, and international investors own a tiny 0.07%.

What’s GE Power India Ltd. All About? 🔍

They do a lot of cool stuff with power plants and machines. They make big boilers, systems, and other techy things. They’re all about making power and energy better!

So, keep an eye on GE Power India Ltd. With all this excitement, who knows what they’ll do next? Cheers! 🎉

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Gopal Kavalireddi

Head of Stock Market Research @FYERS, Also a contributor in StockIPO, I have more than 10 years of experience in the stock market and investments. I have degrees in M.S., PGPM, and MDP. Also manages the financial portfolios of my clients. I talk about finance and help newbies in the stock market.

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