BHEL gains on securing order from NTPC
Bharat Heavy Electricals is currently trading at Rs. 119.25, up by 0.60 points or 0.51% from its previous closing of Rs. 118.65 on the BSE.
The scrip opened at Rs. 121.15 and has touched a high and low of Rs. 121.45 and Rs. 118.70 respectively. So far 1839312 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 121.45 on 31-Aug-2023 and a 52 week low of Rs. 54.75 on 27-Sep-2022.
Last one week high and low of the scrip stood at Rs. 121.45 and Rs. 105.05 respectively. The current market cap of the company is Rs. 41453.96 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 24.11% and 12.71% respectively.
Bharat Heavy Electricals (BHEL) has secured the order from NTPC (a Govt. of India Enterprise) for setting up the 2x800 MW Supercritical Thermal Power Project Stage-II at Lara in Chhattisgarh through International Competitive Bidding. Scope of work includes Design, Engineering, Manufacture, Supply, Construction, Erection, Testing & Commissioning with Civil & Structural works for the EPC Package with Steam Generator capable of Biomass co-firing, Steam Turbine, Generator & Auxiliaries, emission control systems, control and instrumentation, balance of plant packages etc.
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.
