{"id":120502,"date":"2024-03-11T14:28:39","date_gmt":"2024-03-11T08:58:39","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=120502"},"modified":"2024-03-11T15:22:28","modified_gmt":"2024-03-11T09:52:28","slug":"small-cap-stock-jumps-3-after-it-bags-purchase-order-from-west-bengal-power-development-corporation","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-3-after-it-bags-purchase-order-from-west-bengal-power-development-corporation\/","title":{"rendered":"Small cap stock jumps 3% after it bags purchase order from West Bengal Power Development Corporation"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3847299393\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Share price of this small-cap stock jumped by nearly 3.2% on NSE to Rs. 296.95 in the morning trading session of March 11th, from its previous close of Rs. 287.75, after the company announced winning an order.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1696837005\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalisation of Rs. 1,879.6 crores, in the last one year, GE Power India Limited has delivered about 149.4 percent of multibagger returns and nearly 53.68 percent in the last six months. So far in 2024, it has delivered positive returns of around 22.78 percent.&nbsp;<\/p><p>According to recent regulatory filings with the stock exchanges, GE Power India Limited has bagged a purchase order from The West Bengal Power Development Corporation Limited.&nbsp;<\/p><p>The order received by the company is for the supply and installation of parts for the Electrostatic Precipitator in the Sagardighi Thermal Power Project.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4089296515\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The order is valued at Rs. 9.53 crore plus 18% GST, with 6 months of the time period by which the order is to be executed.&nbsp;<\/p><p>In terms of financials, the company\u2019s revenue from operations grew by 28.8% from Rs. 354.21 crores in Q2 FY23-24 to Rs. 456.22 crore in Q3 FY23-24, accompanied by an increase in the net profit of 100.6% to Rs. 0.37 crore in Q3 FY23-24 from a loss of Rs. 61.85 crore in Q2 FY23-24 .&nbsp;<\/p><p>As of December 2023, FIIs hold 0.11 percent of the shares, whereas DIIs hold 3.87 percent of the shares in the company, aggregating to 3.98 percent of the institutional holdings.&nbsp;<\/p><p>GE Power India Limited, one of the leading players in the Indian power generation equipment market, is engaged in the business of engineering, procurement &amp; construction (EPC) of key equipment for thermal and hydropower plants.&nbsp;<\/p><p>It manufactures and\/or supplies electrical and industrial equipment such as boilers, turbines and pollution-control equipment for these power plants.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1182077662\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1570994866\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Share price of this small-cap stock jumped by nearly 3.2% on NSE to Rs. 296.95 in the morning trading session of March 11th, from its previous close of Rs. 287.75, after the company announced winning an order.&nbsp; With a market capitalisation of Rs. 1,879.6 crores, in the last one year, GE Power India Limited has [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-120502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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