Smallcap stock jumps after it receives order from NTPCSmallcap stock jumps after it receives order from NTPC

Introduction:

Smallcap stock secured a ₹137.5 million order from NTPC, reinforcing its presence in the power sector. The deal aligns with SEBI regulations, ensuring transparency. This contract strengthens its portfolio, supporting growth through innovation, strategic partnerships, and high-quality project execution.

Share Price movement of GE Power India:

On February 6, 2025, GE Power India Ltd opened at ₹282.85, the stock reached a high of ₹289.00 up 3.25% from its previous close of ₹273.95 and a low of ₹271.00. It last traded at ₹273.20, down 0.27%, with a market cap of ₹1,836.65 crore.

GE Power India received new order:

GE Power India Limited has secured a purchase order from NTPC Limited worth ₹137.5 million (excluding 18% GST). This contract highlights the company’s strong presence in the power sector and its continued partnership with NTPC for energy solutions and infrastructure development.  

The order aligns with SEBI Regulation 30 compliance, ensuring transparency in disclosures. The company remains committed to executing high-value projects efficiently. The details of the contract are enclosed in Annexure A, reinforcing GE Power India’s role in delivering advanced power solutions.  

This new contract strengthens GE Power India’s portfolio and enhances its market position. The company continues to focus on innovation and strategic partnerships, contributing to India’s energy sector while maintaining steady growth through high-quality projects and operational excellence.

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Recent news About GE Power India :

The company has scheduled a Board Meeting on February 12, 2025, to consider and approve the unaudited financial results for the quarter ended December 2024. 

Stock performance of GE Power India for Period of 1 week, 6 months and 1 year:

GE Power India’s stock declined 5.09% over the past week, reflecting short-term volatility. Over six months, it saw a significant drop of 40.8%, indicating market challenges. Over the past year, the stock slipped 2.85%, highlighting persistent struggles despite industry developments and business efforts.

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Shareholding pattern of GE Power India:

All values in %	Dec-24	Sep-24	Jun-24
Promoters	68.58	68.58	68.58
FII	0.85	0.43	0.39
DII	2.8	2.8	2.99
Retail & others	27.78	28.18	28.04

About GE Power India:

GE Power India is a leading provider of power generation solutions, specializing in engineering, procurement, and construction services. The company delivers advanced technologies for thermal and renewable energy projects, supporting India’s energy infrastructure with sustainable, efficient, and innovative power solutions.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.