Areva T&D India (CMP=Rs:1517)has fixed 29 October 2008 as record date for a 5-for-1 stock split.
The stock hit a high of Rs 1530 and a low of Rs 1500 so far during the day. The stock has a 52-week high of Rs 3280 on 13 November 2007 and hit a 52-week low of Rs 1199 on 1 July 2008.
The company’s current equity is Rs 47.82 crore. Face value per share is Rs 10.
The current price of Rs 1517.25 discounts Q2 June 2008 annualized EPS of Rs 54.09, a PE multiple of 28.05.
On 9 April 2008, Areva T&D India secured an order worth Rs 418 crore from Essar Constructions to provide equipments for power project in Gujarat and Madhya Pradesh.
Areva T&D India’s net profit surged 39.1% to Rs 64.66 crore on 44.5% increase in net sales to Rs 621.75 crore in Q2 June 2008 over Q2 June 2007.
The company's products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment