Saturday, July 26, 2008

Areva T&D India


Areva T&D India jumped 6% to Rs 1615 on BSE after the company said its board
will meet on 29 July 2008 to consider a 5-for-1 stock split. The company
made this announcement during trading hours today, 22 July 2008.


Areva T&D India will be a major beneficiary of the Indo-US nuclear deal if
the deal fructifies. 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.

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

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