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Indiabulls Power gains on synchronizing 1st unit of its Amravati power plant

11 Mar 2013 Evaluate

Indiabulls Power is currently trading at Rs. 10.75, up by 0.05 points or 0.47% from its previous closing of Rs. 10.70 on the BSE.

The scrip opened at Rs. 11.00 and has touched a high and low of Rs. 11.00 and Rs. 10.65 respectively. So far 18,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 20.20 on 15-Mar-2012 and a 52 week low of Rs. 9.32 on 04-Mar-2013.

The current market cap of the company is Rs. 2,840.00 crore.

The promoters holding in the company stood at 60.79% while Institutions and Non-Institutions held 21.71% and 17.49% respectively.

Indiabulls Power has successfully synchronized 1st unit (270 MW) of its 1350 MW (5x270 MW) Phase I thermal power plant located at Amravati in Maharashtra with the Western Region grid.

Indiabulls Power was established to capitalize on emerging opportunities in the Indian power sector. It develops and intends to operate and maintain power projects in India.

RattanIndia Power Share Price

9.48 -0.43 (-4.34%)
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