{"id":134938,"date":"2024-10-01T16:08:03","date_gmt":"2024-10-01T10:38:03","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134938"},"modified":"2024-10-01T16:08:08","modified_gmt":"2024-10-01T10:38:08","slug":"power-stock-jumps-after-receiving-order-worth-240-cr-for-hydropower-project","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/power-stock-jumps-after-receiving-order-worth-240-cr-for-hydropower-project\/","title":{"rendered":"Power stock jumps after receiving order worth \u20b9 240 Cr for hydropower project"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-621555704\"><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>Power stock which is one of the leading players in the Power Transmission &amp; Distribution industry engaged in providing focus engineering, procurement &amp; construction, and many other services in focus upon receiving a new work order worth Rs. 240.40 Crores from Blue Energy Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1889775396\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 2,658 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/GEPIL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">GE Power India Limited<\/a><\/strong> were trading at Rs. 395.25 per equity share up 0.05 percent from its previous day\u2019s close price of Rs. 395.05. It has delivered multibagger returns of 139 percent in a year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>GE Power India Limited engaged in engineering, procurement &amp; construction (EPC) along with renovation and modernization of key equipment for thermal and hydropower plants and many more has received a new work order from Blue Energy Limited for a consideration of Rs. 240.40 Crores and it is to be executed within 42 months.&nbsp;<\/p><p>The said work order is for the Design, Engineering, Procurement, and Supply of Turbines, Governing system, Generator, Control, and Protection Systems up to the project site, erection, testing, and commissioning of GE Vernova supplied equipment for a 100MW Super Trishuli Hydro Power Plant(HPP), Nepal.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1633105736\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>GE Power India Limited is one of the leading players in the Transmission &amp; Distribution of power, with a product portfolio ranging from Medium Voltage to Ultra High Voltage for Power Generation, Transmission and Distribution, Industry and Infrastructure markets.&nbsp;<\/p><p>GE Power India Limited is engaged in the business of engineering, procurement &amp; construction (EPC) along with renovation and modernization of key equipment for thermal and hydropower plants, and has also inter alia ventured into supply, installation, and subsequent operation and maintenance of thermal power plants.&nbsp;<\/p><p>It also manufactures and provides boilers, mills, air quality control systems, automation &amp; control, and services for steam-powered thermal plants. As of Q1FY25, it has an order intake of Rs. 1,038 Crores.&nbsp;<\/p><p>Its Revenue from operations increased by 1.5 percent from Rs. 423.57 Crores in Q1FY24 to Rs. 430.04 Crores in Q1FY25, accompanied by reducing losses of Rs. 135.79 Crores to Rs. 9.53 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-after-content\" id=\"trade-3073307289\"><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>Power stock which is one of the leading players in the Power Transmission &amp; Distribution industry engaged in providing focus engineering, procurement &amp; construction, and many other services in focus upon receiving a new work order worth Rs. 240.40 Crores from Blue Energy Limited.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 2,658 Crores, the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82725,"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":[31,1789],"tags":[10886,15883,8854,5434,948,936,3157],"class_list":["post-134938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ge-power-india-latest-news","tag-ge-power-india-latest-order","tag-ge-power-india-share-price","tag-power-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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