Announced Thu, 6 Aug · 22:40 IST
GEE Limited gets NPCIL vendor approval for nuclear power supply chain
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
+10.6%1-day move
₹113.00
prior close
₹119.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0—+10.6+16.2+21.9+25.6+21.6+20.3————
Up moveDown movePending
AI summary
GEE Limited, a welding consumables manufacturer, received approval from Nuclear Power Corporation of India Limited (NPCIL), qualifying it as an authorized supplier for India's nuclear power sector. India plans to expand nuclear capacity from 8.8 GW today to 22.5 GW by 2031 and 100 GW by 2047. No specific order value was disclosed. The approval gives GEE access to long-term, milestone-based nuclear projects and strengthens its ESG profile.
Likely market impact
No immediate revenue impact but unlocks a major long-term government-led growth pipeline and barriers entry for low-cost competitors.