Published on 11/01/2018 12:41:23 PM | Source: Dion Global Solutions Ltd

GE Power hits 52-week high on winning new order

Shares of GE Power India jumped over 7 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company secured an order worth of Rs 818.30 crore from Navayuga Engineering Company. Boosted by the development, stocks of the company gained as much 7.38 per cent to touch 52-week high of Rs 915.00 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 4.96 per cent higher at Rs 899.00 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 34,467.87, up 34.80 points, or 0.10 per cent, at 12:10 hours.