India's GE Power gains on winning near $4 mln worth orders

Ge Power India

01/04/2024 07:27

** Shares of GE Power India  GEPO.NS  shares up 6.2% at 282
rupees
    ** Co says it got orders from NTPC  NTPC.NS  and Hindustan
Zinc  HZNC.NS  for total 327.5 mln rupees ($3.93 million)
    ** Stock trading above 50, 100 and 200-day moving averages,
indicating bullish bias
    ** GEPO up 24% YTD, after gaining 62.4% in 2023
    




($1 = 83.3810 Indian rupees)

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))