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Alstom gains on bagging contract worth over €100 million

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

04 Oct 2013 Evaluate

Alstom India is currently trading at Rs 350.00, up by 11.60 points or 3.43% from its previous closing of Rs 338.40 on the BSE.

The scrip opened at Rs 346.00 and has touched a high and low of Rs 350.00 and Rs 343.05 respectively. So far 6765 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 433.00 on 29-Nov-2012 and a 52 week low of Rs 285.00 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs 346.00 and Rs 311.00 respectively. The current market cap of the company is Rs 2319.68 crore.

The promoters holding in the company stood at 68.56% while Institutions and Non-Institutions held 15.59% and 15.85% respectively.

Alstom India has been awarded a contract worth over €100 million by GVK Power and Infrastructure to equip the 850 MW Ratle hydropower plant, which will be commissioned in 2017. The contract includes the supply of 4 Francis turbines of 205 MW each, and one Francis turbine of 30 MW. This contract is booked in the second quarter of the current fiscal year.

All equipment will be manufactured at Alstom’s Vadodara facility in Gujarat, one of the company’s largest hydro manufacturing hubs worldwide. The state-of-the-art facility has all the necessary resources to accommodate the growing hydro demands in India.

Alstom is a global leader in power generation, power transmission and rail infrastructure. Present in India since 1911, Alstom has strong capabilities in engineering, manufacturing, project management and supply of products and solutions for infrastructure.

GE Power India Share Price

498.40 -7.25 (-1.43%)

17-Apr-2026 16:59 View Price Chart

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Alstom gains on bagging contract worth over €100 million

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