BHEL gains on turning black in Q3
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Bharat Heavy Electricals is currently trading at Rs. 59.75, up by 0.40 points or 0.67% from its previous closing of Rs. 59.35 on the BSE.
The scrip opened at Rs. 61.50 and has touched a high and low of Rs. 61.70 and Rs. 58.35 respectively. So far 2621844 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.50 on 09-Jun-2021 and a 52 week low of Rs. 35.15 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 61.70 and Rs. 56.30 respectively. The current market cap of the company is Rs. 20631.23 crore.
The promoters holding in the company stood at 63.17%, while Institutions and Non-Institutions held 17.66% and 19.17% respectively.
Bharat Heavy Electricals (BHEL) has reported net profit of Rs 14.26 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 230.99 crore for the same quarter in the previous year. Total income of the company increased by 15.22% at Rs 5,227.03 crore for Q3FY22 as compared Rs 4,536.67 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit of Rs 27.02 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 217.86 crore for the same quarter in the previous year. Total income of the company increased by 15.17% at Rs 5,219.89 crore for Q3FY22 as compared Rs 4,532.39 crore for the corresponding quarter previous year.
