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Areva T&D rises on NPCI agreement

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BS Reporter Mumbai

Areva T&D India shares rose 2.34 per cent to end the day at Rs 185.7 after its parent, Areva of France signed an agreement with Nuclear Power Corporation of India (NPCI). The deal, which is worth more than 8 billion euros, will entail a supply of two European pressurised reactors of 1,650 megawatt capacity, to be set up at Jaitapur, Maharashtra.

The stock made an intraday high of Rs 195.8 and a low of Rs 184 with trading volumes of 1.4 lakh shares, around three times its two-week average. The scrip made a 52-week high of Rs 391 and a low of Rs 130.

 

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First Published: Feb 06 2009 | 12:54 AM IST

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