Meanwhile, the S&P BSE Sensex was down 82.31 points or 0.23% to 35,659.76

On the BSE, 1056 shares were traded in the counter so far, compared with average daily volumes of 3835 shares in the past two weeks. The stock had hit a high of Rs 848 and a low of Rs 829.95 so far during the day.

GE Power India said that the company's consortium, GE Hydro France, GE Renewable Malaysia Sdn. Bhd. and Sinohydro Corporation (M) Sdn. Bhd. has been awarded the order for the Main Electrical and Mechanical Works for the 1285MW Baleh Hydroelectric Project in Sarawak, Malaysia by SEB Power Sdn. Bhd, for a total value of approximately MYR 595 Million and US$159 million. The value of the order for the company is approximately US$ 98.4 million exclusive of taxes (i.e. approximately Rs 689 crore).

The company shall be the leader of the consortium and will be responsible for the design, manufacture and supply of the main electro-mechanical equipment involving five 257MW Francis turbines as well as part of the balance of plant equipment for the Baleh Hydroelectric Project, GE Power India said.

GE Power India reported net loss of Rs 82.17 crore in Q2 September 2018 as compared to net loss of Rs 0.98 crore in Q2 September 2017. Net sales rose 115.08% to Rs 563.40 crore in Q2 September 2018 over Q2 September 2017.

GE Power India is engaged in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources.