Meanwhile, the BSE Sensex was up 37.54 points or 0.20% to 18,497.22

On BSE, 1,215 shares were traded in the counter as against average daily volume of 15,790 shares in the past one quarter.

The stock hit a high of Rs 417.45 and a low of Rs 411.80 so far during the day. The stock had hit a 52-week low of Rs 280 on 22 December 2011. The stock had hit a 52-week high of Rs 441.70 on 17 February 2012.

The stock underperformed the market over the past one month till 21 November 2012, falling 2.67% compared with the Sensex's 1.19% fall. The scrip, however, outperformed the market in past one quarter, advancing 7.34% as against Sensex's 3.22% rise.

The company has equity capital of Rs 67.23 crore. Face value per share is Rs 10.

After market hours on Wednesday, 21 November 2012, Alstom India said the company's board of directors in a meeting held on 25 October 2011 had granted approval to the proposed demerger of its boiler business into its wholly owned subsidiary i.e. Alstom Boilers India, through a scheme of arrangement for demerger under Sections 391 to 394 of the Companies Act, 1956 ("Scheme of Demerger"). The Scheme of Demerger is being undertaken pursuant to the proposed global joint venture between Alstom Holdings (a holding company in the Alstom group) and Shanghai Electric Group on a 50:50 basis, in the field of boilers and boiler related equipments.

Alstom India's net profit jumped 90.9% to Rs 54.56 crore on 26.9% growth in net sales to Rs 739.72 crore in Q2 September 2012 over Q2 September 2011.

Alstom India provides engineering, manufacturing, project management and supply of products and solutions for infrastructure sector.