GE Power India Ltd (GEPIL)

GE Power India Receives Purchase Order from NTPC-SAIL and NTPC Ltd - 01 May, 2024

GE Power India has received a purchase order from NTPC-SAIL Power Company Limited and NTPC Ltd for the supply of turbine spares and inspection of steam turbine, respectively. The orders are worth Rs 5,99,97,526 plus GST 18% and Rs 5,98,85,000 plus GST 18%, respectively. The period for execution is 12 months and 30 days, respectively.

GE Power India Ltd's Share Price Rises by 27% - 13 Apr, 2024

The share price of GE Power India Ltd has risen by 27% in a month, with an annual gain of 174%. However, the company's revenue has deteriorated over the last year and is down 49% over the last three years. The P/S ratio of 1.3x may be sending bullish signals, but it is lower than the industry median due to shrinking revenues.

GE Power India Receives Purchase Orders from Mangalore Refinery and Petrochemicals - 08 Apr, 2024

GE Power India has received new purchase orders worth Rs 10.1 crore for the supply of spare parts for STG from Mangalore Refinery and Petrochemicals. The company's financials show a decrease in sales by 14% but an increase in net profit by 100%. GE Power successfully repaired three steam turbines, reducing coal use, cost per MW, and CO2 emissions. The stock has delivered multi-bagger returns of 113.08% in six months and 216.93% in a year.

GE Power India to Spin-Off from Global Parent Company - 07 Apr, 2024

GE Power India has announced that its global parent company will spin-off the business, which is independent of another announcement made in February 2022 regarding a reduction in stake and de-promoterisation. The proposed spin-off is certain, while there is no update on the de-promoterisation as of now.

GE Power India Bags Orders Worth Rs 775 Crore - 04 Apr, 2024

GE Power India has won two contracts worth Rs 775 crore from Jaiprakash Power Ventures for the supply, transportation, erection, and commissioning of its Nigrie Super Thermal Power Plant and Bina Thermal Power Plant. The stock surged over 11% to hit a 52-week high of Rs 369 apiece on April 4.

GE Power India Bags Contracts Worth Rs 775 Crore - 03 Apr, 2024

Shares of GE Power India surged by over 13% to hit a one-year high after the company announced it had secured multiple contracts worth Rs 775 crore, including two from Jaiprakash Power Ventures and one from Hindustan Zinc Ltd.