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MoneyWorks4Me

Alstom T&D, a leading power transmission and distribution company is planning to sell 23 acres of land in Bangalore. In the previous year also the company had planned to sell land in Bangalore and Chennai to help reduce its debt of Rs 590 crore and improve the net profit margin.

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.

Peers
Company Name CMP
Waaree Energies 2437.00
Apar Industries 14082.25
Havells India 1122.95
Suzlon Energy 38.80
Siemens 3555.00
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