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Published on 11/02/2021 2:15:22 PM | Source: Accord Fintech

BHEL jumps on bagging order for main guns of frontline ships

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Bharat Heavy Electricals is currently trading at Rs. 38.70, up by 0.45 points or 1.18% from its previous closing of Rs. 38.25 on the BSE.

The scrip opened at Rs. 38.45 and has touched a high and low of Rs. 39.15 and Rs. 38.00 respectively. So far 1612035 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.35 on 06-Jul-2020 and a 52 week low of Rs. 19.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 44.15 and Rs. 37.75 respectively. The current market cap of the company is Rs. 13562.64 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 17.85% and 18.98% respectively.

In a major boost to Defence Production under the ‘Make in India’ initiative and to achieve self-reliance in the critical field of Defence equipment, Indian Navy has placed an order on Bharat Heavy Electricals (BHEL) for supply of two numbers Super Rapid Gun Mounts (SRGM), main guns standardised for all Warships of the Indian Navy.

BHEL has indigenised these guns and has established dedicated, intricate manufacturing and inspection facilities at its Heavy Electrical Equipment Plant, Haridwar for production, installation & commissioning and lifecycle support of these Guns. Standardisation of these Guns by the Indian Navy for all major Warships has resulted in optimisation of cost and consolidation of expertise and self-reliance. BHEL is also working on an upgraded version of these Guns, with enhanced range, to cater to the future requirement of warships.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

BHEL jumps on bagging order for main guns of frontline ships

Feb-11-2021   13:40 Hrs IST

Bharat Heavy Electricals is currently trading at Rs. 38.70, up by 0.45 points or 1.18% from its previous closing of Rs. 38.25 on the BSE.

The scrip opened at Rs. 38.45 and has touched a high and low of Rs. 39.15 and Rs. 38.00 respectively. So far 1612035 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.35 on 06-Jul-2020 and a 52 week low of Rs. 19.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 44.15 and Rs. 37.75 respectively. The current market cap of the company is Rs. 13562.64 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 17.85% and 18.98% respectively.

In a major boost to Defence Production under the ‘Make in India’ initiative and to achieve self-reliance in the critical field of Defence equipment, Indian Navy has placed an order on Bharat Heavy Electricals (BHEL) for supply of two numbers Super Rapid Gun Mounts (SRGM), main guns standardised for all Warships of the Indian Navy.

BHEL has indigenised these guns and has established dedicated, intricate manufacturing and inspection facilities at its Heavy Electrical Equipment Plant, Haridwar for production, installation & commissioning and lifecycle support of these Guns. Standardisation of these Guns by the Indian Navy for all major Warships has resulted in optimisation of cost and consolidation of expertise and self-reliance. BHEL is also working on an upgraded version of these Guns, with enhanced range, to cater to the future requirement of warships.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

Electricals is currently trading at Rs. 38.70, up by 0.45 points or 1.18% from its previous closing of Rs. 38.25 on the BSE.

The scrip opened at Rs. 38.45 and has touched a high and low of Rs. 39.15 and Rs. 38.00 respectively. So far 1612035 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.35 on 06-Jul-2020 and a 52 week low of Rs. 19.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 44.15 and Rs. 37.75 respectively. The current market cap of the company is Rs. 13562.64 crore.

The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 17.85% and 18.98% respectively.

In a major boost to Defence Production under the ‘Make in India’ initiative and to achieve self-reliance in the critical field of Defence equipment, Indian Navy has placed an order on Bharat Heavy Electricals (BHEL) for supply of two numbers Super Rapid Gun Mounts (SRGM), main guns standardised for all Warships of the Indian Navy.

BHEL has indigenised these guns and has established dedicated, intricate manufacturing and inspection facilities at its Heavy Electrical Equipment Plant, Haridwar for production, installation & commissioning and lifecycle support of these Guns. Standardisation of these Guns by the Indian Navy for all major Warships has resulted in optimisation of cost and consolidation of expertise and self-reliance. BHEL is also working on an upgraded version of these Guns, with enhanced range, to cater to the future requirement of warships.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.