Monday 25 August 2014

Alstrom T&D India zoom on getting big order from Power Grid Corporation of India.


BSE Code :                        522275
Face Value :                      Rs 2.00
Group :                             BSE 'B'
 Sreholding Pattern : 
(a)Promoters                     75.00%
(b)Institutions                    16.55%
(c)Non-Institutions               8.45%           
One year High-Low:             Rs 365.00 - Rs 125.25

     Alstrom the market leader in India power transmission sector, will build two 800 kv, 3000 MW converter terminal stations, and design, manufacture and deliver on turnkey basis 800 kV UJVDC thyristor valves, 32 converter transformer, 400 kV gas-insulated switchgear and substation equipment.
     Shares of Alstom T&D India spiked nearly 10 percent intraday Monday after getting big order from Power Gird Corporation of India for ultra-high voltage direct current link.
     The project also covers the commissioning and successful operation of bothe the terminal stations and their integration with Champa-Kurukshetra Line 1 bipole, currently under construction. The company said all equipment will be manufactured by Alstom's facilities in India, United Kingdom, France and Italy.
     Alstom T&D India share's current price is Rs 335.05,up by 17.50 points from its previous closing of Rs 317.55 on the BSE.


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