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Alstom India trades with traction on the BSE

15 Jul 2014 Evaluate

Alstom India is currently trading at Rs. 532.50, up by 6.05 points or 1.15% from its previous closing of Rs. 526.45 on the BSE.

The scrip opened at Rs. 528.25 and has touched a high and low of Rs. 534.70 and Rs. 523.65 respectively. So far 3454 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. 553.00 and Rs. 510.00 respectively. The current market cap of the company is Rs. 3583.22 crore.

The promoters holding in the company stood at 68.56% while Institutions and Non-Institutions held 15.92% and 15.52% respectively.

Alstom India and NASL have bagged a contract worth around Rs 107.40 crore (13 million euros) from NTPC for the renovation and modernization of electrostatic precipitators (ESP) at four units of the 4 x 500 MW Talcher Super Thermal Power Plant in Odisha. The upgrade will reduce particulate emissions from the plant below 50 mg/Nm3. The project is scheduled to be commissioned in 2018.

The scope of the project includes engineering, supply, erection, commissioning and testing of new parallel passes installed for four ESPs, Dry Ash Handling system for new passes and associated civil, mechanical and electrical works. ESPs have been used widely to control particulate emissions and are often the most cost-effective solution due to high removal efficiencies in combination with robustness and low maintenance costs. Alstom and NASL earlier executed ESP retrofits for NTPC's Tanda 4 x 110 MW plant as well.

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

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Company Name CMP
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