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Alstom India spurts on bagging contract from BHEL

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

19 Dec 2013 Evaluate

Alstom India is currently trading at Rs. 371.75, up by 6.80 points or 1.86 % from its previous closing of Rs. 364.95 on the BSE.

The scrip opened at Rs. 370.25 and has touched a high and low of Rs. 376.50 and Rs. 367.10 respectively. So far 2304 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 418.00 on 31-Dec-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. 376.00 and Rs. 355.00 respectively. The current market cap of the company is Rs. 2499.18 crore.

The promoters holding in the company stood at 68.56% while Institutions and Non-Institutions held 15.66% and 15.78% respectively.

Alstom has been awarded a contract worth close to Euro 125 million by BHEL to supply components and services for 2X500 MW Neyveli New Thermal Power Project (NNTPP) located at Neyveli in the state of Tamil Nadu in India. Out of the entire aforesaid contract, Alstom India’s scope of work would be Euro 65 million amounting Rs 556.40 crore.

Under the scope of the contract, Alstom will co-operate with BHEL in conceptualizing, designing, engineering and supplying two tower boilers, the complete lignite milling and firing equipment, and critical components. It will be engineered and manufactured in Alstom’s world class facilities in Stuttgart (Germany) as well as in Durgapur and Shahabad (India). The 1000 MW greenfield Neyveli New Thermal Power Project (NNTPP), being developed by Neyveli Lignite Corporation, will be the first lignite - fired 2X500 MW power plant in the country and major source of power to the southern states.

GE Power India Share Price

498.40 -7.25 (-1.43%)

17-Apr-2026 16:59 View Price Chart

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Alstom India spurts on bagging contract from BHEL

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