GE Power India Ltd share Price Today

GE Power India Limited is one of the country’s leading energy players with sound capabilities in engineering, construction, manufacturing, procurement, and servicing power plants and power equipment. It manufactures and markets steam generators in India apart from aiding power supply and providing rail equipment solutions. The company, which has its headquarters in Bandra, Mumbai, was incorporated on 2 September 1992 as Asea Brown Boveri Management Limited. The market capitalisation of the company, as of 2 November 2022, stood at Rs 934 crore.

The company is listed on both prominent stock exchanges in India—the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the codes GEPIL and 532309, respectively.

GE Power India Limited has manufacturing facilities in Durgapur, West Bengal, and Noida, Uttar Pradesh. It manufactures supercritical and ultra-supercritical power boilers. The company operates in several segments, including steam power, hydropower, gas power, coal power, mills, boilers, air quality control, and automation services. For the financial year 2021-2022, the company reported consolidated sales of Rs 2,620 crore but with a net loss of Rs 291 crore.

The shareholding pattern of the company in September 2022 reflected that a 68.58% stake in the company was held by promoters, a 22.41% stake was held by retail investors, a 4.56% stake was invested in mutual funds, a 4.31% stake was held by other domestic institutions, and the remaining 0.14% stake was held by foreign institutional investors. The company’s management team comprises Mr Mahesh Shrikrishna Palashikar (chairman and non-executive director), Mr Prashant Chiranjive Jain (managing director), Mr Yogesh Gupta (whole-time director and CFO), Mr Arun Kannan Thiagarajan (independent and non-executive director), and Mr Uddesh Kumar Kohli (independent and non-executive director), among others.

On 2 November 2022, GE Power India Limited’s shares were trading for Rs 140.65 per share at the NSE and Rs 139.59 per share at the BSE. GE Power India Limited’s 52-week high and 52-week low share prices at the NSE were Rs 299.05 and Rs 123.00, respectively. GE Power India shares have given a one-year return of -53.37%. The top peers of the company include Larsen & Toubro, Adani Ports, GMR Airports Infrastructure, and IRB Infrastructure Developers, among others.

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GE Power India share price as on 20 Apr 2024 is Rs. 312.7. Over the past 6 months, the GE Power India share price has increased by 74.3% and in the last one year, it has increased by 168.64%. The 52-week low for GE Power India share price was Rs. 114.5 and 52-week high was Rs. 369.