Alfa Laval India (CMP=Rs 742.55)has bagged an order worth SEK 150 million from Vedanta Aluminium.
The stock has a 52-week high of Rs 1222 on 2 January 2008 and a 52-week low of Rs 666.05 on 29 September 2008.
The company’s current equity is Rs 18.16 crore. Face value per share is Rs 10.
The current price of Rs 742.55 discounts Q2 June 2008 annualized EPS of Rs 57.09, a PE multiple of 13.
The project work involves setting up of three thermal evaporation systems. The order value is about SEK 150 million (Rs 101.85 crore). The project is to be executed by 2009.
Alfa Laval India’s net profit rose 29% to Rs 25.92 crore on 31.1% to Rs 194.23 crore in Q2 June 2008 over Q2 June 2007.
The company is engaged in manufacturing and marketing oil separators and vacuum units. The group operates in three segments: process technology, equipment and others.
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