The National Company Law Tribunal on Wednesday allowed GE Power to withdraw its insolvency petition against public sector undertaking, Bharat Heavy Electricals Ltd, with the liberty to revive if the operational debt is not settled. Counsels for GE Power Akshay Sapre, along with Abhijit Swarup and An…

NCLT allows GE Power to withdraw insolvency petition as BHEL offers settlement

The company in the quarter ended June 2023 had widened its net loss at Rs 135.8 crore against Rs 59 crore in the same quarter last fiscal.

GE Power shares down nearly 12% on wider June quarter net losses

GE Power India Limited has received a Letter of Intent from Gujarat State Electricity Corporation Ltd, the company said in a regulatory filing.

GE Power India bags order worth Rs 440 crore from Gujarat State Electricity Corporation

The order includes design, engineering, manufacture, supply, Packing & forwarding, installation, commissioning & PG Testing of FGD (flue gas desulfurization) System, GE Power India said in a statement. The order will be executed within 30 months from the date of letter of intent, i.e. by January 202…

GE Power India bags order worth Rs 440 cr from Gujarat State Electricity Corporation

GE Power India on Friday said its consolidated net loss narrowed to Rs 129.70 crore in the quarter ended March 2023.

GE Power India consolidated loss narrows to Rs 129.70 cr in March quarter

Its total income in the March 2023 quarter stood at Rs 359.43 crore against Rs 618.86 crore a year ago.

GE Power India loss narrows to Rs 129.70 cr in March quarter

GE Power India Standalone December 2022 Net Sales at Rs 532.66 crore, down 29.65% Y-o-Y

Power equipment maker’s consolidated total income fell 32% year-on-year

GE Power India net loss widens to ₹139 cr in Q3 FY23

The state-run power major on Friday announced that it has signed a memorandum of understanding (MoU) with GE Power India to reduce carbon intensity at its coal-fired units.

NTPC, GE Power inks pact to cut carbon intensity from coal-fired units

NTPC Ltd on Thursday said it has inked an agreement with GE Power India Limited to reduce carbon emission from its coal-fired units.

NTPC ropes in GE Power India to carry R&D to reduce carbon emissions

“Carbon reduction from coal power plants is a key challenge and Co-firing of low carbon fuel will facilitate the transition towards a low carbon energy economy and subsequent it to ’net zero emission,” a statement from the companies said.

NTPC, GE Power ink pact to enable more usage of low carbon fuel in plants

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

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Red flags

GE Power India Limited, formerly ALSTOM India Limited, is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.