Alstom T&D India is currently trading at Rs. 188.00, up by 4.85 points or 2.28% from its previous closing of Rs. 183.15 on the BSE.
The scrip opened at Rs. 188.00 and has touched a high and low of Rs. 193.45 and Rs. 187.85 respectively. So far 14,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 208.00 on 04-Feb-2013 and a 52 week low of Rs. 110.00 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 193.45 and Rs. 165.25 respectively. The current market cap of the company is Rs. 4,483 crore.
The promoters holding in the company stood at 80.31% while Institutions and Non-Institutions held 10.46% and 9.23% respectively.
Alstom T&D India has bagged an order worth approximately Rs 790 million (€9 million) from Power Grid Corporation of India (PGCIL) to provide 14 shunt reactors for the765 kV electrical substations at Kanpur and Jhatikara in the Uttar Pradesh state. The projects are due for delivery in 2015.
Alstom's shunt reactors' will have the highest power rating (110 MVAR 1 Ph, 765/v3 kV) installed on India's Extra High Voltage (EHV) 765 kV electrical grid. The reactors are designed to maintain the 765 kV voltage level, whatever the load, by limiting transient over-voltages which can occur due to sudden load decreases. All 765 kV equipment for these projects will be manufactured in Alstom's transformer and reactor manufacturing facility at Vadodara in India.
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.
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