Business Standard

Areva races ahead on bagging order

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BS Reporter Mumbai

The stock soared to a high of Rs 340 and finally ended at Rs 333, up around 5% from the previous close. The counter clocked volumes of 924,458 shares as compared to the two-week daily average traded volumes of 299,769 shares on the BSE.
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(Updated at 1118hrs)

Areva T&D India, an arm of French firm Areva, was trading at Rs 333, higher by Rs 14 or 4%, on the BSE. The stock opened at Rs 320 and has touched a high of Rs 339 and a low of Rs 320 so far.

The power company recently announced that it bagged a Rs 150-crore order from central transmission utility PowerGrid for executing a 765 KV substation.     
 

 

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First Published: Oct 16 2009 | 3:53 PM IST

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