AREVA T&D; SILVER LINING

The Stock prices of AREVA T&D took a massive knock today on the BSE and NSE amid reports of continuing financial trouble for the Global Power giant with wide and varied interests in Transmission and Deistribution Equipment, Nuclear Power etc. This follows the Company acknowledging on 12/12/2011, a consolidated operating loss of 1.84-2.1 Billion $ in 2011.

Incidentally, the Stock price fall has occured just a day before the demerger Record date for determining the Shareholders of Areva T&D India eligible for 1 fully paid up Equity Share of Smartgrid Automation And Distribution Switchgear Ltd.  (SEE HERE). 

Meanwhile latest News indicates positive developments concerning Britain's approval of the Areva design for upcoming Nuclear Plants, which should come as a shot in the arm for the Company. (SEE HERE)

MORE NEWS INPUTS RIGHT HERE AND HERE AND HERE