GE Shipping & Godawari Power are Down

Mumbai -- After registering positive opening in the morning the market has marginally slipped into red.

GE Shipping has lost by 1.2% to Rs. 252. However, the company has decided to buy Suemax Crude Carrier. The scrip has touched an intra-day high of Rs. 258 and a low of Rs. 250 and has recorded volumes of over 5 lakh shares on NSE.

In the same manner, Godawari Power is down by 1.1% to Rs. 74 after the company declared that there is a break-down occurred in the 500 TPD Kiln of Sponge Iron Unit of the Company. Due to the break down in the kiln the sponge iron and 10 MW waste heat recovery plant of the Company would remain shut for nearly 2 to 3 weeks. The scrip has touched an intra-day high of Rs. 76 and a low of Rs. 74 and has recorded volumes of over 18 thousand shares on NSE.

Likewise, Strides Arcolab has lost by 2.3% to Rs. 282. The company has inked a non-exclusive license & technical transfer deal with US based company. The scrip has touched an intra-day high of Rs. 299 and a low of Rs. 282 and has recorded volumes of over 8 thousand shares on NSE.

Orchid Chemicals has slipped by 0.6% to Rs. 202. The company has received USFDA nods for Cefotaxime Injection ANDAs. The scrip has touched an intra-day high of Rs. 208 and a low of Rs. 202 and has recorded volumes of over 3 lakgh shares on NSE.

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