Bharat Heavy Electricals jumps on bagging LoA worth Rs 5400 crore from BCGCL
Bharat Heavy Electricals is currently trading at Rs. 277.45, up by 5.15 points or 1.89% from its previous closing of Rs. 272.30 on the BSE.
The scrip opened at Rs. 279.10 and has touched a high and low of Rs. 285.50 and Rs. 273.10 respectively. So far 2137454 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 305.85 on 07-Jan-2026 and a 52 week low of Rs. 176.00 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 305.85 and Rs. 261.40 respectively. The current market cap of the company is Rs. 97306.26 crore.
The promoters holding in the company stood at 63.17% while Institutions and Non-Institutions held 25.98% and 10.85% respectively.
Bharat Heavy Electricals (BHEL) has received letter of acceptance (LoA) worth around Rs 5400 crore (excluding GST) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture company of BHEL (49%) and Coal India (51%). The order is for Coal Gasification & Raw Syngas Cleaning Plant (LSTK 1 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda, Odisha.
The order includes, design, engineering, supply of equipment, civil works, erection, commissioning and O&M Services for LSTK 1 Package. The project is to be completed (Commissioning & Performance Guarantee Test) within 42 months from date of LoA; and the operation and maintenance (O&M) services will be for 60 months thereafter.
Bharat Heavy Electricals (BHEL) is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.
