Skip to main content

Nuclear deal hopes power Areva T&D India

Areva T&D India jumped 7.14% to Rs 1594 at 13:12 on BSE, extending past two days' gains after Prime Minister Manmohan Singh yesterday, 7 July 2008 said that the government will go through the remaining formalities of the Indo-US nuclear deal.

On BSE, 80,549 shares were traded in the Areva T&D India counter. The scrip had an average daily volume of 21,289 shares in the past one quarter.

The stock hit a high of Rs 1624.10 and a low of Rs 1453.15 so far during the day. The stock had a 52-week high of Rs 3280 on 13 November 2007 and a 52-week low of Rs 1199 on 1 July 2008.

The mid-cap scrip had outperformed the market over the past one month till 7 July 2008, rising 5.66% compared to the Sensex's decline of 13.14%. It also outperformed the market in the past one quarter, gaining 5.97% compared to Sensex's decline of 13.23%.

The company's current equity is Rs 47.82 crore. Face value per share is Rs 10.

The current price of Rs 1594 discounts its Q1 March 2008 annualised EPS of Rs 45.27 by a PE multiple of 35.21.

The Prime Minister is likely to discuss the progress of the Indo-US nuclear deal with US President George Bush on Wednesday, 9 July 2008.

Samajwadi Party (SP) today, 8 July 2008, said it will vote with the government in support of the nuclear deal with the United States The Left parties today, 8 July 2008, said they would submit their letter withdrawing support to the UPA government by 10 July 2008 over the nuclear deal to President Pratibha Patil.

The nuclear deal will give India access to US nuclear fuel and technology without joining the 1970 Nuclear Non-Proliferation Treaty. It is potentially worth billions of dollars to US and European nuclear supplier companies and would give India more energy alternatives to drive its booming economy.

Areva T&D India is seen as a major beneficiary of the Indo-US nuclear deal. The stock surged 20.60% in six trading days to Rs 1487.60 on 7 July 2008 from Rs 1233.40 on 27 June 2008. French giant Areva which holds 72.18% stake in Areva T&D (as at end march 2008), is best known for its nuclear power plant and transmission interests. It is the only company in the world that has interests in every industry linked to nuclear power - from mining uranium to dismantling old nuclear power plants.

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 rose 42.70% to Rs 54.10 crore on 22.50% growth in net sales to Rs 502.90 crore in Q1 March 2008 over Q1 March 2007.

The company's products and systems serve to transmit and distribute electricity, ensure the reliability, quality and safety of energy flows.

Popular posts from this blog

Bio-fuel has top investors powered up

23RD ,JUNE India's fortune-hunters believe their new-found love for biofuel will pay off. India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe. Billionaires Rakesh Jhunjhunwala, C Sivasankaran, Vinod Khosla, founder of Sun Microsystems, and Nemish Shah, the media-shy joint partner of Enam Financial Services, are investing in bio-fuel makers quietly, expecting that bio-fuel will have a big play in the coming years as the world looks for a viable alternative to the fast depleting oil reserves. Jhunjhunwala, who is known for his ability to spot a multi-bagger at a very early stage, recently invested in Hyderabad-based bio-fuel firm Nandan Biometrics.He is also a 10 per cent stakeholder in Praj Industries, which is a bio-fuel technology provider…

up to 8,500% return in 5 years! Investors made a killing in these 30 smallcap stocks

U By Rahul Oberoi, | Updated: Dec 01, 2017, 04.06 PM IST Post a Comment
Efficiency pays in the long run. Among the top smallcap plays on Dalal Street, 30 companies with stable return on equity (RoE) and return on capital employed (RoCE) have surged up to 8,500 per cent over the past five years.

All these companies had a debt-to-equity ratio of less than 1 and have been maintaining RoE and RoCE of over 20 per cent since 2012-13.

Avanti Feeds emerged the chart topper, with an 8,527 per cent gain to Rs 2,596.60 as of November 28 from Rs 30.10 ..

ovember 28 from Rs 30.10 on November 27, 2012. The company’s return on equity for FY17, FY16, FY15, FY14 and FY13 stood at 42.65 per cent, 46.21 per cent, 52.41 per cent, 45.79 per cent and 27.60 per cent, respectively. Avanti also managed to achieve a return on capital employed of over 50 per cent in last four years. Its RoCE stood at 28.59 per cent inRoE measures net income earned for every rupee of shareholder funds, while…

5 dark-horse picks

Kwadrat/ Kwadrat/
If you are a conservative investor, using the mutual fund route is the best way to invest in stocks. But if you are game for some excitement, you might want to dabble directly in stocks, especially small-cap stocks. Stocks that are smaller in size, in terms of market capitalisation, carry higher risk. The reasons are — one, lower traded volume increases price volatility, two, information is usually scarce on these companies, three, business risk is higher since many of these companies are dependent on a single product and four, governance risk is also higher in these stocks. That said, small-cap stocks have the capacity to deliver far greater returns when compared to large-cap stocks. Sample this: there were 16 stocks with market cap more than ₹50,000 crore in January 2009. These stocks delivered an average return of 138 per cent in the last eight years but 4 out of every 10 stocks in this group delivered negative returns. On the ot…