GE T&D India at new high

GE T&D is a big gainer today; from a close of Rs.1641.50, it straight opened at a new 52-week high at Rs.1723.55 and it is currently trading at Rs.1716 levels.

The stock price shot up on the back of the two orders which it received. One was for 26 million Euros, from Grid Solutions Dubai. This is for Supply and supervision of high voltage products.

And the other is from Grid Solutions, France for 64 million Euros for similar products.

Grid Solutions is a group company. Both the orders are expected to be executed over a period of two years.