GE Power stock gains over 2%; To announce Q4 numbers on June 22

As per media reports, the company on Tuesday has won three orders worth Rs125cr to service projects of Vedanta Ltd, Tata Power Ltd and JSW Steel Ltd.

Jun 17, 2021 03:06 IST India Infoline News Service

Stock Market Up
Shares of GE Power trading higher in an otherwise weak market. The company will announce its Q4 numbers on June 22.

“The Board of Directors of the Company is scheduled to be held on Tuesday, 22 June 2021, inter alia, to consider and approve the Audited Financial Results of the Company for the quarter and year ended 31 March 2021 and to consider the recommendation of dividend, if any, for the financial year ended 31 March 2021,” the company said in the filing.

As per media reports, the company on Tuesday has won three orders worth Rs125cr to service projects of Vedanta Ltd, Tata Power Ltd and JSW Steel Ltd.
The company said STEAG Energy Services (India) Private Ltd has placed an order for complete replacement of economizer zone tube bank for 2 units of 600MW Chinese-make boilers for end customer Vedanta’s Jharsuguda power plant in Odisha.

The company is currently trading at Rs339.55 up by Rs7.95 or 2.4% from its previous closing of Rs331.60 on the BSE.

The scrip opened at Rs330 and has touched a high and low of Rs347.85 and Rs325 respectively.

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