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Alstom Projects strengthens on securing order worth Rs 26 crore

GE Power India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532309 | NSE: GVPIL

10 Jul 2012 Evaluate

Alstom Projects is currently trading at Rs. 416.90, up by 9.60 points or 2.36% from its previous closing of Rs. 407.30 on the BSE.

The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 422.45 and Rs. 410.00 respectively. So far 36581 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 613.00 on 18-Jul-2011 and a 52 week low of Rs. 280.00 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 422.75 and Rs. 386.05 respectively. The current market cap of the company is Rs. 2793.97 crore.

The promoters holding in the company stood at 68.46% while Institutions and Non-Institutions held 15.89% and 15.65% respectively.

Alstom Projects India has secured an order close to Rs 26 crore (around €4 million) from Tata Projects for the supply of a coal grinding system for National Mineral Development Corporation’s (NMDC) Nagarnar Blast Furnace Project. This project is expected to be commissioned in 2014.

Recently, the company had bagged order worth about Rs 530 crore by Bharat Heavy Electrical to supply components and services for the 660 MW supercritical boilers at NTPC sites of two units located in Mouda, Maharashtra.

Alstom Projects is India’s leading environmental control systems provider with 3 GWs worth of orders, accounting for about 50% market share. The company is well positioned to serve India’s growing hydro needs. Projects currently under execution include the 2000 MW Subansiri Lower hydroelectric power plant in the states of Assam and Arunachal Pradesh, India’s largest hydro project.

GE Power India Share Price

498.40 -7.25 (-1.43%)

17-Apr-2026 16:59 View Price Chart

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Alstom Projects strengthens on securing order worth Rs 26 crore

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