Alstom bags 9 mn euro contract from Kochi metro French power equipment maker Alstom has bagged a contract worth 9 million euro from Delhi Metro Rail Corporation to execute the Kochi metro project.
Dalmia Cement (Bharat) on Monday said it has commenced trial production in its 2.5 million tonne per annum (mtpa) greenfield facility in Karnataka. When commissioned the unit will take the group's capacity to 24 mtpa, consolidating its position in the country's cement industry further.
"Dalmia Cement (Bharat), a subsidiary of Dalmia Bharat Ltd has commenced its new cement plant of 2.5 mtpa at Belgaum, Karnataka on March 23, 2015 and has now started trial production," the company said in a BSE filing.
Shares of the company today settled at Rs 417.30 apiece, down 0.13 per cent in the BSE. Alstom bags 9 mn euro contract from Kochi metro French power equipment maker Alstom has bagged a contract worth 9 million euro from Delhi Metro Rail Corporation to execute the Kochi metro project.
"Under this euro 9 million (approximately Rs 61.2 crore) contract, Alstom is in charge of the supply, installation, testing and commissioning of power transmission equipment," Alstom said in a statement.
Alstom is the main supplier of Kochi metro project. Earlier also, it had bagged orders for various equipment for the project. S C Ralhan elected new FIEO President * Exporters' body FIEO today said S C Ralhan has been elected as its new President.
Ralhan was previously the Regional Chairman (Northern Region) of Federation of Indian Export Organisations (FIEO) from the year 2013 till date. He is one of the leading exporters of North India with an experience of over four decades in the field of exports. He represents the Hand Tools sector of exports.
He was also the Regional Chairman of Engineering Export Promotion Council from 1998 to 2011. He has also been the President of Ludhiana Hand Tools Association since 1996.
Dalmia Bharat stock price
On March 30, 2015, Dalmia Bharat closed at Rs 417.30, down Rs 0.55, or 0.13 percent. The 52-week high of the share was Rs 567.00 and the 52-week low was Rs 233.15.
The company's trailing 12-month (TTM) EPS was at Rs 4.01 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 104.06. The latest book value of the company is Rs 70.32 per share. At current value, the price-to-book value of the company is 5.93.
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