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Alstom India jumps on bagging contract from NPCIL

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

22 Aug 2012 Evaluate

Alstom India is currently trading at Rs. 387.00, up by 5.00 points or 1.31% from its previous closing of Rs. 382.00 on the BSE.

The scrip opened at Rs. 380.00 and has touched a high and low of Rs. 389.00 and Rs. 379.80 respectively. So far 8,845 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.00 on 08-Sep-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. 389.55 and Rs. 373.00 respectively. The current market cap of the company is Rs. 2,593 crore.

The promoters holding in the company stood at 68.56% while Institutions and Non-Institutions held 15.25% and 16.20% respectively.

Alstom, in consortium with Bharat Heavy Electricals (BHEL) has secured a contract from the Nuclear Power Corporation of India (NPCIL) to supply the turbine generator package for the Rajasthan Atomic Power Project (RAPP) units 7&8, located at Rawatbhata in Rajasthan. Alstom’s share in the total consortium contract is around 100 million euro.

Alstom and BHEL will supply, install and commission the turbine generator packages for the power station’s two new 700 MW capacity units. The expansion of the existing capacity of the 1180 MW of RAPP nuclear power plant will help meet increasing demand for power in the country.

This project marks Alstom’s growing contribution in the nuclear energy business in India after the award of the contract for 2x700 MW units for the Lalrapar 3 and 4 nuclear power plant in Gujarat a tear ago.

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

498.90 0.50 (0.10%)

20-Apr-2026 14:33 View Price Chart

Peers

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Larsen & Toubro	4048.90
Rail Vikas Nigam	298.00
NCC	161.05
KEC International	559.70
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Alstom India jumps on bagging contract from NPCIL

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