Alstom India, which builds power-generation systems and railway equipment, including the TGV high-speed train, has gained on Rail Budget announcement to Launch High-speed trains on a total of 9 routes and to raise train speeds between several cities to 160-200 km/h.
Alstom India is currently trading at Rs. 543.00, up by 23.60 points or 4.54 % from its previous closing of Rs. 519.40 on the BSE.
The scrip opened at Rs. 529.75 and has touched a high and low of Rs. 553.00 and Rs. 524.00 respectively. So far 61187 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 590.60 on 20-Jun-2014 and a 52 week low of Rs. 285.00 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 540.00 and Rs. 515.00 respectively. The current market cap of the company is Rs. 3673.98 crore.
The promoters holding in the company stood at 68.56 % while Institutions and Non-Institutions held 15.92 % and 15.52 % respectively.
Alstom is a global leader in power generation, power transmission and rail infrastructure. Present in India since 1911, Alstom has strong capabilities in engineering, manufacturing, project management and supply of products and solutions for infrastructure.
