Alstom T&D India is currently trading at Rs. 532.90, up by 5.15 points or 0.98% from its previous closing of Rs. 527.75 on the BSE.
The scrip opened at Rs. 538.50 and has touched a high and low of Rs. 539.00 and Rs. 515.35 respectively. So far 10451 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 656.40 on 04-Mar-2015 and a 52 week low of Rs. 255.30 on 09-May-2014.
Last one week high and low of the scrip stood at Rs. 588.00 and Rs. 511.55 respectively. The current market cap of the company is Rs. 13754.82 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 16.19% and 8.81% respectively.
Alstom T&D India has secured an order worth around 8.5 million euro amounting to Rs 56.9 crore from Bhabha Atomic Research Centre (BARC) to provide a 220/11 kV, 25/31.5 MVA substation for its Challakere unit in Chitradurga, Karnataka. This equipment will serve as the main receiving substation to cater to power supply requirement of the Chitradurga unit, ensuring the overall reliability of the Challakere unit. This facility will be the third largest in India after Mumbai and Vishakhapatnam facilities.
Under this contract, Alstom T&D India will build a 220/11 kV, 25/31.5 MVA master receiving substation on a turnkey basis. It will also provide six units of 220 kV bays, two units of 25/31.5 MVA, 220/11 kV power transformers and other associated equipment. All equipments will be supplied from Alstom T&D India's manufacturing facilities across the country.
Alstom T&D India is part of Alstom Grid, a global player in electrical grids. The company’s India operations account for over 13% of overall revenues garnered by Alstom Grid’s global operations. Apart from India business, other major contributors are the operations in France, the US, Germany and China.
