GE POWER INDIA LTD at 52 Week High; BSE 500 Index Up 3.0%
May 20, 2019 12:50 PM

GE POWER INDIA LTD share price has hit a 52-week high at Rs 933 (up 3.1%).

Meanwhile, the BSE 500 Index is at 15,212 (up 2.9%).

Among the top gainers in the BSE 500 Index today are GE POWER INDIA LTD (up 3.1%) and ITI LTD (up 16.0%).

DR. REDDYS LAB (down 6.6%) and JUBILANT LIFE SCIENCES (down 4.7%) are among the top losers today.

Over the last one year, GE POWER INDIA LTD has moved up from Rs 877 to Rs 933, registering a gain of Rs 56 (up 5.58%).

The BSE 500 has moved up from 14,763 to 15,212, registering a gain of 449 points (up 3.0%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were BALRAMPUR CHINI (up 137.5%), DCM SHRIRAM (up 120.3%) and ADANI POWER (up 106.7%).

What About the Benchmark Indices?

The BSE Sensex is at 39,064 (up 2.9%). The top gainers among the BSE Sensex stocks today are SBI (up 7.5%), YES BANK (up 7.0%) and ICICI BANK (up 5.5%). Other gainers include L&T (up 5.5%) and TATA MOTORS (up 5.4%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,743 (up 2.9%). INDIABULLS HOU. FIN. (up 9.9%) and SBI (up 7.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,149 to 39,064, registering a gain of 3,915 points (up 11.0%).

GE POWER INDIA LTD Financial Update...

GE POWER INDIA LTD net profit declined 112.5% YoY to Rs 52 million for the quarter ended September 2018, compared to a loss of Rs 421 million a year ago. Net Sales rose 54.2% to Rs 5.6 billion during the period as against Rs 3.7 billion in July-September 2017.

For the year ended March 2018, GE POWER INDIA LTD reported 243.1% increase in net profit to Rs 1.7 billion compared to net profit of Rs 493.0 million during FY17.

Revenue of the company grew 34.2% to Rs 13 billion during FY18.

The current Price to earnings ratio of GE POWER INDIA LTD, based on rolling 12 month earnings, stands at 363.7x.