Hot Pursuit     08-Jul-24
GE Power sizzles after NTPC order win
GE Power India soared 7.19% to Rs 514.85 after the company secured a purchase order from NTPC, India's major power producer.
The order, valued at Rs 1.87 crore, involves supplying main turbine spares for the NTPC Talcher plant. GE Power India will fulfill the order within 9.5 months.

GE Power India's expertise covers engineering, manufacturing, project management, and supplying products and equipment for power plants. They operate across the entire power plant lifecycle, from design and procurement to construction and servicing.

The company reported a consolidated net profit of Rs 25.94 crore in Q4 FY24 as against a net loss of Rs 129.7 crore in Q4 FY23. Revenue from operations rose by 13.43% year on year (YoY) to Rs 390.76 crore in the fourth quarter of FY24.

Previous News
  GE Power India reports standalone net loss of Rs 131.93 crore in the March 2023 quarter
 ( Results - Announcements 27-May-23   07:46 )
  Nifty slides below 24,300; pharma shares under pressure
 ( Market Commentary - Mid-Session 11-Jul-24   10:33 )
  GE Power India declare Quarterly Result
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  GE Power hits 52-week high after receiving LoI from NTPC GE Power Services
 ( Hot Pursuit - 21-Jun-24   10:26 )
  GE Power India consolidated net profit rises 7.73% in the March 2021 quarter
 ( Results - Announcements 23-Jun-21   08:08 )
  GE Power India reports consolidated net loss of Rs 129.70 crore in the March 2023 quarter
 ( Results - Announcements 27-May-23   07:47 )
  GE Power India to hold AGM
 ( Corporate News - 30-May-23   16:43 )
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 ( Hot Pursuit - 30-Oct-20   15:00 )
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 ( Hot Pursuit - 19-Jul-22   12:00 )
  GE Power India to pay dividend
 ( Market Beat - Reports 22-May-18   15:00 )
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 ( Corporate News - 03-Apr-24   18:39 )
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