Announced Wed, 12 Aug · 19:33 IST
GE Power India wins INR 550 Cr order from Saudi Arabia
Export Order Hard CurrencyOrder Above 5pct RevenueBusiness Updates View source PDFExplain this filing
GVPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹794.35
prior close
₹825.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-3.5-3.0-2.9-3.1-8.0-11.4-13.2-16.3—————
Up moveDown movePending
AI summary
GE Power India has received a Notice of Award from Dar Al Balad for Contracting and Operations Company in Saudi Arabia for the Shoaiba Fuel Conversion Project. Scope covers supply and technical field advisory services for boiler modifications for fuel conversion. Two separate NOAs issued for supply and service. Project duration about 2.5 years with cumulative value around INR 550 Crores. International order with no related party interest.
Likely market impact
Positive - new international order adds around INR 550 Crores to the order book, improving revenue visibility for about 2.5 years.