Indiabulls Power Ltd has successfully conducted the
boiler light up for the first 270 MW unit of its 1350 MW Power Plant at
Amravati, Maharashtra. Following the boiler light up, commercial
operation is expected to commence in December 2012.
The Indiabulls Power Ltd stock was trading at Rs.12.28, down by Rs.0.12 or 0.97%. The stock hit an intra-day high of Rs.12.45 and low of Rs.11.82.
The total traded quantity was 5.93 lakhs compared to 2 week average of 4.55 lakhs.
Stocks trade briskly
The Indiabulls Power Ltd stock was trading at Rs.12.28, down by Rs.0.12 or 0.97%. The stock hit an intra-day high of Rs.12.45 and low of Rs.11.82.
The total traded quantity was 5.93 lakhs compared to 2 week average of 4.55 lakhs.
Stocks trade briskly
Indiabulls Power is currently
trading at Rs. 13.50, up by 1.22 points or 9.93% from its previous
closing of Rs. 12.28 on the BSE.
The scrip opened
at Rs. 12.70 and has touched a high and low of Rs. 13.90 and Rs. 12.55
respectively. So far 12, 08,000 shares were traded on the counter.The
BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of
Rs. 20.70 on 05-Mar-2012 and a 52 week low of Rs. 8.10 on 29-Dec-2011.
Last
one week high and low of the scrip stood at Rs. 13.90 and Rs. 11.50
respectively. The current market cap of the company is Rs. 3,567 crore.The
promoters holding in the company stood at 60.79% while Institutions and
Non-Institutions held 23.05% and 16.16% respectively.
Indiabulls
Power has successfully conducted the boiler light up for the first 270
MW unit of its 1350 MW Power Plant located at Amravati in Maharashtra.
Following the boiler light up, commercial operation is expected to
commence in December 2012.
Indiabulls Power was
established to capitalize on emerging opportunities in the Indian power
sector. It develops and intends to operate and maintain power projects
in India.
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