GE Power has informed that the proposed spin-off of the energy business was completed on April 2, and accordingly, the ultimate holding of GE Power India has changed from General Electric Company to GE Vernova Inc.
Stock that will see action today: 4 April 2024 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
GE Power India s stock reached a 34-month high with over 11% surge fueled by contracts from Jaiprakash Power Ventures. Since March 2023, the company s shares have seen a one-way surge, resulting in a massive gain of 254%.