The announcement was made during the market hours today, 4 September 2019.
Shares of GE T&D India rose 2.8% in two trading sessions to its current market price of Rs 154, from a recent closing low of Rs 149.80 on 30 August 2019.
GE T&D India informed that it has won an order from West Bengal State Electricity Transmission Company (WBSETCL) worth Rs 90 crore, which includes three 132/33 kilovolt (Kv) substations to help meet state's growing energy needs. GE T&D India is executing grid projects worth Rs 250 crore in West Bengal. The latsest grid technology will enable enable them to deliver reliable power 24x7 to the residents of the state.
On BSE, 1,889 shares were traded in GE T&D India counter, compared to a 2-week average of 839 shares. The stock hit an intraday high of Rs 156.55 and an intraday low of Rs 147.20.
It hit a 52-week high of Rs 331.35 on 17 January 2019 and a 52-week low of Rs 124 on 7 August 2019.
GE T&D India is a major player in the power transmission and distribution business - a product portfolio ranging from medium voltage to ultra high voltage (1200 kV) for power generation, transmission and distribution, industry and infrastructure markets.
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